The most recent government announcement by Chancellor Rishi Sunak has been long-awaited by individuals and businesses alike. We’ve summarised the key points to take away from the 2021 Budget below. Freezing personal tax thresholds and lowering VAT to 5% for hospitality for 6 months, 12.5% further 6 months and 20% by April 2022. Pensions Lifetime Allowance same, CGT annual … Read More
The End to Austerity Takes Shape
Delivered on a Monday afternoon instead of the traditional Wednesday, between key meetings in the Brexit negotiations and amidst turbulent times in Westminster, you could be forgiven for losing track of the 2018 Budget. Despite the disruption, the Chancellor’s statement brought more focus to the pledged ‘end to austerity’, along with details of an extra £20 billion in funding … Read More