A budget that would please Alan Sugar?

Capital Gains Tax will rise less than expected from 18% to 28%, which is what makes the Entrepreneurs relief of just 10% is so attractive.

In addition, to help fast growing SMEs starved of growth funding the government plans to introduce a new Enterprise Capital Growth Fund which will provide more than £37.5 million of equity finance to SMEs. the Enterprise Finance Guarantee is also being increased by £200 million to support additional lending of up to £700 million to for small businesses until the end of March 2011.

And, businesses outside of London and South and East can benefit from no employers national insurance on upto 10 employers.

Tags: Budget, capital gains tax, Enterprise Capital Growth Fund, Enterprise Finance Guarantee, SMEs, UK budget