Pre-Budget Report 2009: A small business perspective

Simon Sweetman looks at how the chancellor's announcements will affect small businesses.

Before starting out today I set out a list of some of the things that people were very confident would happen, including cuts in the main rate of corporation tax, a swinging increase in the rate of CGT, and further increases in VAT. Wrong. Well, so far - and Darling appears to have forgotten to extend the 50% income tax rate to all Old Etonians.


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