Tax Changes Ahead?
Following Rishi Sunak’s economic statement to the House of Commons on 11 Jan 2021, Craig Simpson, tax partner at Bates Weston, looks at the tax changes that may be ahead in the Budget on 3 March 2021.
Following Rishi Sunak’s economic statement to the House of Commons on 11 Jan 2021, Craig Simpson, tax partner at Bates Weston, looks at the tax changes that may be ahead in the Budget on 3 March 2021.
We summarise the main points from the Budget 2020 and our tax team highlight the key points for business owners.
What will the Chancellor’s Budget 2020 speech hold in store for business owners?
The Prime Minister promised a Budget within 100 days of the election result, so we can expect a Budget in February or March with any changes to taxes, benefits and allowances potentially taking effect in April.