The March 2015 Budget - The highlights

The Coalition Governments's final Budget before the May 2015 Election - paving the way for significant changes to the UK tax system in the next 5 years

The March 2015 Budget – The highlights

George Osborne presented the final Budget of this Parliament on Wednesday 18 March 2015 – reporting ‘on a Britain that is growing, creating jobs and paying its way’.

  • Increased personal allowances
  • The introduction of a new Personal Savings Allowance
  • Changes to ISAs including the introduction of a new type of ISA for First Time Buyers
  • Changes to pensions
  • Potential business rate reform in England
  • Entrepreneur’s Relief – changes to qualifying conditions
  • And big changes are on their way with Digital Tax Accounts. The end seems nigh for the annual Tax Return……..?