Autumn Budget 2021

AUTUMN BUDGET 2021

Rishi Sunak delivered his third Budget as Chancellor on 27 October 2021. This year it was combined with the Spending Review for Government Departments and that spending element did take up the bulk of the speech which was light on new tax measures. The Chancellor certainly enjoyed announcing lots of spending in various areas. Concerns will be at the potential future tax rises to pay for all of this, particularly if the growth forecasts are missed.

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Chancellor’s Statement

Rishi Sunak set out the Government’s Plan For Jobs on 8 July 2020. It is clear the Government are keen to get the economy going again as quickly as possible and are supporting businesses and employers with targeted measures. There were several important announcements made,...
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A new surcharge for Stamp Duty land Tax has been announced and will apply from 1 April 2021 for all buyers of residential property in England and Northern Ireland who are not UK residents (note this new surcharge does not apply in Wales and Scotland). This adds an extra 2% t...
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