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The Chancellor Rishi Sunak presented his third Budget on 27 October 2021.
The Chancellor Rishi Sunak presented his third Budget on 27 October 2021. In his speech he set out the plans to “build back better” with ambitions to level up and reduce regional inequality.
Tax measures include:
Other measures include:
Some Budget proposals may be subject to amendment in the Finance Bill 2021-22. Should you need any further help or support please contact us.
The Recovery Loan Scheme (RLS) will be relaunched during August 2022 as the government aims to continue supporting recovering small businesses.
The level at which people start paying national insurance rose from 6 July.
The International Monetary Fund (IMF) has warned that the UK faces the slowest rate of growth in the G7 next year.