The latest budget statement contained some important takeaways for small business owners and freelancers.
Understandably given the circumstances, many of the announcements were made in response to the economic threat posed by the COVID 19 outbreak.
We’ve provided a handy summary of the most important announcements below.
Coronavirus stimulus package
As well as its potential to threaten lives, the coronavirus outbreak could also damage the economy. A large part of the Chancellor’s budget statement focused on a range of policy measures designed to minimise its impact.
The central focus of these measures is to provide short-term cashflow relief for affected businesses. They... more