Budget 2021 Summary

On Wednesday 3 March 2021 Rishi Sunak delivered the Budget. So what exactly did the Chancellor say and, more importantly, what did it actually mean?

Our summary of this year's Budget is now available in our handy PDF booklet below. 

We've prepared this summary to outline the key points that are most likely to be of interest to you, including informative comments to help you assess the likely effect of the proposed changes and their significance.

In our summary we cover changes to:

 

·        Personal Tax

·        Business Tax

·        Employment Taxes

·        Capital Taxes

·        Other Matters

·        Rates and Allowances

·        Income Tax Rates

·        Income Tax Reliefs

·        Pension Premiums

·        Capital Gains Tax

·        Car, Van and Fuel Benefits

·        Mileage Allowance Payments

·        Individual Savings Accounts

·        Value Added Tax (VAT)

·        Statutory Pay Rates

·        Capital Allowances

·        National Insurance (NI)

·        Inheritance Tax

·        Corporation Tax

·        Stamp Duty and Stamp Duty Land Tax

·        Land and Buildings Transaction Tax

 

 

Please contact a member of staff if you have any questions on the latest Budget announcement.