George Osborne presented his second Budget on Wednesday 23 March 2011.
In his statement he said that the ‘Budget is about reforming the nation’s economy, so that we have enduring growth and jobs in the future’.
The Main Budget proposals
The government had previously announced changes which apply from April 2011. However the Statement also included several new announcements, some of the more significant of which are set out below:
An additional 1% cut in the main rate of corporation tax to 26% from April 2011.
Some of these items are covered in more detail in the following articles. To access the full Budget information visit the Treasury website using the link below.
Internet link: Treasury Website Budget
Posted – 21/04/2011