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Autumn Budget

A concise summary of the tax and non-tax measures announced in the Autumn Budget.

  1. News

Introduction

The Chancellor Rishi Sunak presented his third Budget on 27 October 2021.

Personal tax

Highlighting income tax, savings, pensions and reliefs.

Employment

Highlighting National Insurance and NLW/NMW.

Business

Highlighting Making Tax Digital, corporation tax, capital allowances, R & D and business rates.

Capital taxes

Highlighting capital gains tax and inheritance tax.

Other matters

Highlighting various matters, including tonnage tax, alcohol duty and air passenger duty.

Chancellor announces £1 billion fund for businesses

On 21 December 2021, Chancellor of the Exchequer, Rishi Sunak, unveiled a £1 billion COVID-19 fund, including cash grants of up to £6,000 per premises for each eligible firm.

09 Jan

Self assessment taxpayers must declare COVID grants on tax returns

HMRC has reminded self assessment taxpayers to declare any COVID-19 grant payments on their 2020/21 tax return.

09 Jan

Latest Business News

Chancellor announces £1 billion fund for businesses

On 21 December 2021, Chancellor of the Exchequer, Rishi Sunak, unveiled a £1 billion COVID-19 fund, including cash grants of up to £6,000 per premises for each eligible firm.

09 Jan 2022

Self assessment taxpayers must declare COVID grants on tax returns

HMRC has reminded self assessment taxpayers to declare any COVID-19 grant payments on their 2020/21 tax return.

09 Jan 2022

HMRC waives self assessment penalties for one month to ease COVID-19 pressures

HMRC is waiving late filing and late payment penalties for self assessment taxpayers for one month.

09 Jan 2022