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Showing posts with the label Budget 2024 - what now?

Creating Your Efficiency Budget: What Should You Do Now?

  We've had the UK Spring Budget 2024. We've had the media commentary on Jeremy Hunt's Budget. You may be scratching your head, wondering what you're supposed to do  with all the information about the information you have. What's the best move? Where should your business be? How screwed are you? Here at The Productive Pessimist, we're all about keeping it simple, whilst respecting that you're not stupid. So: Are You Screwed? If you earn under £32,500 a year, probably. But, then, you probably already knew that. However, the freeze on tax bands means the best advice is not  "get a better paid job".   As the government has opened up the definition of 'high net worth individual', enabling more people to qualify as 'sophisticated' investors, and thus be approved to take a chance on unproven entrepreneurs, the best thing you can do if you're not making £32,500 a year is to get together a business plan, and a series of pitch decks (we