2016 Budget - Brookson Ltd

Budget 2016 Summary Guide

Brookson have consolidated the most recent budget announcements to produce this guide which summarises the forthcoming tax changes and have also provided some hints and tips about how this could impact you as a contractor.

Our Reactions Blog

The Chancellor George Osborne delivered his 8th Budget and led with a focus on assisting small businesses and building a stronger economy. We were therefore intrigued to hear what announcements he would make to support the UK’s flexible workforce. The Chancellor also stated that he intended to raise a further £12 billion from a crackdown on tax avoidance and evasion so we were keen to review the details behind this to ensure that the genuinely self-employed were not impacted.

Read the blog

About Brookson

Since 1995, we’ve provided accountancy, tax and support services to over 90,000 contractors, freelancers and self-employed professionals - it’s what we specialise in and it means we’ve been able to develop a unique service that is innovative, friendly and easy to use.

Why Brookson?

  • Know your tax position when you need to – with daily* updates from Brookson
  • Know how much you can safely withdraw from your business, without spending the taxman’s money
  • Realise your earning potential – now and for the future, with advice on pensions, investments and wealth planning
  • Benefit from FREE and unlimited employment status reviews (IR35/IR56)
  • Get support every step of the way with our unique Tax Promise
  • Specialist Advisors available 6 days a week†
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"You take away the pain of understanding all the tax requirements and associated returns, which allows me to focus on my role as an IT contractor."

Ian Tunstill
     

"As I am newly self-employed, I have had lots of questions and Brookson have always been extremely helpful and ensuring I fully understand. I would not hesitate to recommend them."

Shelley Connor

*Excludes weekends and bank/public holidays. † Specialist Advisors available six days a week, Monday to Friday, 8am-6pm and Saturday, 9am-1pm. Excludes bank/public holidays.

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