Huw Jones CFP^CM, Financial Planner at Proposito Financial Planning, applauded Mr Osborne's announcements for small businesses.
He said: "I can only imagine that small business owners are, like me, reeling from not one but two pieces of good news. Firstly, a reduction in the rate of corporation tax will mean more distributable profit for shareholders or additional re-investment in equipment or people.
"Secondly, the introduction of an 'employment allowance' will mean a saving of up to £2,000 per annum in employers' National Insurance."
Carl Lamb, Financial Planner at Almary Green, said: "The announcement of the 'employment allowance' means companies in the UK are now able to reduce their National Insurance contributions by £2,000 in a move designed to generate more jobs. 
"While this won't be of great benefit to big corporations employing large numbers of people, it will certainly help small businesses. For someone setting up their own business, looking to take on their first one or two employees, this will undoubtedly be very welcome."
This NI cut was the largest tax cut in the Budget and could see up to 450,000 small businesses being moved out of the employer's NI net. Mr Osborne said 98 per cent of this 'employment allowance' would go to small and medium-sized firms who would be able to hire more staff.
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Andy Zanelli, head of retirement planning at AXA Wealth, said the minimal changes would also mean less administration for Financial Planning firms.
He said: "With only a few minor tweaks coming in the 2013 Budget, this is great news for Financial Planners as there are no fundamental changes to what we already knew from the 2012 Budget and Autumn Statement.
"As a profession that has had to deal with RDR, a raft of regulatory change and the already announced tax changes planned for this year and 2014, a period of stability to embed these changes is welcome relief. There are significant changes ahead that have already been announced, and the opportunity to deal with these without additional distraction is great news."
Tim Davies, head of tax at Mazars, said: "This was a Budget for low and middle income earners with the increase in personal allowance to £10,000 bought forward by a year, the new Help to Buy mortgage scheme and the introduction of tax free childcare. Small businesses also received a boost in the form of National Insurance cuts and bought forward corporation tax cuts."

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