Budget Reports

With the UK having been adversely affected by the COVID-19 pandemic, Chancellor Rishi Sunak presented the 2021 Budget against a backdrop of ongoing economic hardship. Our Budget Summary provides an overview of the key announcements arising from the Chancellor’s speech. However, it also looks beyond the headlines and offers details on the less-publicised changes that are most li ...

The 2020 Budget contained a number of areas of interest for our individual and employer clients.  Particular areas of note are: Lettings Relief – With effect from 6 April 2020, Lettings Relief will only apply where the owner of a property is in shared occupancy with a tenant Pensions  – Adjusted income and threshold income have been raised by £90,000 for 2020/21 onward so fewe ...