George Osborne presented the final Budget of this Parliament on Wednesday 18 March 2015. In his speech the Chancellor reported 'on a Britain that is growing, creating jobs and paying its way'. Towards the end of 2014 the government issued many proposed clauses of Finance Bill 2015 together with updates on consultations. Due to the dissolution of Parliament on 30 March some measures will be legislated for in the week commencing 23 March, whilst others will be enacted by a Finance Bill in the next Parliament (depending on the result of the General Election). The Budget proposes further measures, some of which may only come to fruition if the Conservative Party is in power in the next Parliament. Main Budget tax proposals Increased personal allowances The introduction of a new Personal Savings Allowance Changes to ISAs including the introduction of a new type of ISA for First Time Buyers Changes to pensions Potential business rate reform in England Entrepreneurs' Relief - changes to qualifying conditions Our Budget 2015 summary focuses on the issues likely to affect you, your family and your business. To help you decipher what was announced we have included our own comments. If you have any questions please do not hesitate to contact us for advice.