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Capacity Audience hear Budget review & vote on Brexit over Breakfast.

 


Howard Worth’s Budget Breakfast Seminar attracted its largest audience to date on Tuesday 22nd of March. The room was full to capacity at the MacDonald Portal Hotel with attendees keen to hear a concise update from George Osborne’s latest budget.


Andrew Hague, Corporate Partner, introduced the event and posed the key question of Brexit.   Audience participation was called for in a yes/no ballot on the UK remaining a member of the European Union. The audience voted by holding up a green or red card for their yes/no choice. A majority of green yes votes for remaining in the EU were recorded.


Tim Lwin Howard Worth’s new Tax Partner delivered his first budget breakfast presentation covering changes to Capital Gains Tax, Entrepreneurs Relief, Corporation Tax, Company cash extraction and how these updates impact on businesses.  He also covered specific updates on areas of the budget that were aimed at Farming and Agricultural businesses.  


David Glaister one of Howard Worth’s IFA’s presented a summary from a financial planning point of view. This included the increase in personal allowances and transferable allowances, pension tax relief, Capital Gains Tax Planning, Inheritance Tax Planning and the new Lifetime ISA for 18-40 year olds.


Andrew Hague drew the seminar to a close with a question and answer session. Topics covered included, the impact of the “Northern Powerhouse”, investing in China and the potential financial impact of Brexit.


Feedback from attendees was extremely positive with comments including “Content interesting and presented well”, “As always, very informative and easy to understand”, and “Extremely well organised/attended.  Main topics covered”.


We look forward to seeing everyone again in March 2017 or perhaps sooner depending on the results of the EU referendum in June.

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