09/03/2021
https://www.gmwealthmanagement.co.uk/post/spring-2021-budget-statement
We are pleased to attach our 2021 Budget Statement Summary magazine that provides you with information on the announcements made in the Budget on 3 March 2021.
Despite the many rumours beforehand, the Chancellor still managed to produce some surprises on Budget Day. He chose to spend big initially, with major investment incentives for companies in the next two years. However, the widely anticipated corporation tax rise then kicks in with a vengeance – a one-off jump from 19% to 25%. Individual taxpayers did not escape paying their share either, with Mr Sunak opting for the stealth option of freezing bands, thresholds and allowances.
If you have any questions about how any aspects of your tax and financial planning may be affected by the Budget, please call us to discuss them. In the meantime, please stay safe and stay well.
We are pleased to attach our 2021 Budget Statement Summary magazine that provides you with information on the announcements made in the Budget on 3 March 2021.
