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What might the March Budget mean for shareholders of private companies?

Insights into the new Government’s potential Budget announcements as the Chancellor announces the date for the first Budget of the new Parliament.

Following the Conservative Party’s General Election success, the Chancellor has confirmed that the next Budget will be held on Wednesday 11 March 2020.

Budget predictions

The Chancellor’s announcement said little about tax but confirmed that the Budget would ‘deliver on the Government’s promises on tax, to help tackle the cost of living for hard-working people’. Statements made in the pre-election run-up as well as in the Conservative Party’s 2019 Manifesto help to shed some light on the promises referred to here, and we have summarised some of the key points for shareholders of private companies in this document.

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