Pre Budget Speech _ For Business

Published / Last Updated on 24/11/2008

Pre Budget Speech - For Business

  • Exemptions for foreign dividends for large and medium businesses from 2009.  
  • Small businesses allowed to spread business tax payments to help ease cashflow
  • £4bn loan fund for UK banks to help small businesses
  • Government temporary loans scheme between £1,000 and £1m loans help small business cashflow
  • Postponement of the increase in small companies corporation tax
  • Small companies able to offset losses up to £50,000 against profits made over the last three years.

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