Prior to the big event, AccountingWEB caught up with Jones to get a sneak peak of what he’s going to talk about and why people should attend.
“It’s very much a practical look at the changes, which are quite wide-reaching changes in the Budget; so what it means to owner-managed businesses and what it means to people who own property,” Jones said.
He explained that there were some new tax reliefs introduced in the Budget, but it’s important to find out exactly who will they benefit and how to benefit from them.
Jones added: “There was a reduction in capital gains tax rates, but there’s a sting in the tail because they don’t affect every situation. So it’s about understanding who can benefit and who can’t.”
He said there were many opportunities for small businesses in the Budget, but added the losers of the Budget were people with the “audacity to own of buy-to-let”, and people who are saving for pensions. “There’s a worry there,” he warned.