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Old 21-03-2012, 15:09   #34
Chris
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Join Date: Jun 2003
Location: North of Watford
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Re: Todays Budget

Well, I am a *lot* better off - Mrs T and I are growing a B&B business and the tax-free allowance is going up faster than our earnings. We have always been a sole-breadwinner family (i.e. me) but now we are both working together we are looking at earnings of over £18,000 before we pay any income tax, once the measure announced today comes in.

This budget has been good for people who are considering starting out as self-employed but are worried about whether they can quickly start to earn enough to make ends meet.
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