🟣🟢 A clearer path

Good morning 👋

Since the Chancellor sat down yesterday, Budget emails have been flying around everywhere.

You’ve probably had the same.

All very detailed. Lots of noise. And not much that actually helps you work out what it means for you.

So here’s something more practical.

👇 Below, you’ll find our Budget Summary booklet. It has all the detail if you want the technical breakdown. What I want to give you here is the part business owners usually find most relevant: what’s worth thinking about now, and what can safely wait.

Most of the announcements won’t affect you immediately.

A few won’t apply to many business owners at all. The property rules are on a slow timeline, the ISA cash change only affects those under 65, and even the dividend tax increase has plenty of lead time.

What this week does give you is a good chance to check the things that often drift when you’re busy running a business.

A few questions that can make a real difference:

• Is the way you pay yourself still the most efficient mix. Salary, dividends and pension contributions often creep out of line without you noticing.

• Are you sitting on more cash in the company than makes sense. Very common. Usually unintentional. Fortunately easy to fix.

• Have you actually started building a retirement plan outside the business. This is the area most business owners fall behind on.

• Have your plans changed. Thinking about stepping back, selling, or simply working differently next year. If so, it’s worth aligning things while the tax landscape is predictable.

Small adjustments here do more for your future than reacting to headlines.

Over the next couple of weeks, I’ll highlight the parts of the Budget that matter most to people like you who want to feel financially independent from their business, not tied to it.

If something in the announcements leaves you unsure where you stand, send me a message. I’ll help you make sense of it, no jargon.

🐶And because it’s been a busy couple of days, here’s Ottie in the meeting room, doing her usual job of keeping things grounded.

😎 THAT’S IT FOLKS

If you have any questions at all, do ping me a reply or get in touch 👇

Hilary 😉

P.S. WHAT ELSE? 👉 Book a call with me here (or if you prefer, call one of my team on 0117 9629696) and I’ll help you make sense of what you’ve got and what it could be doing for you.

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