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The Chancellor Rishi Sunak presented his second Budget on Wednesday 3 March 2021.
The Chancellor Rishi Sunak presented his second Budget on Wednesday 3 March 2021. In his speech he stated his Budget 'meets the moment with a three-part plan to protect the jobs and livelihoods of the British people'.
Tax measures include:
Other measures include:
Previously announced measures include:
Some Budget proposals may be subject to amendment in the 2021 Finance Act. You should contact us before taking any action as a result of the contents of this summary.
Why not contact 1st Call Accounts today for more information or a FREE no obligation quote.
HMRC has published guidance on the Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) requirements for sole traders and landlords.
Over one million self assessment taxpayers missed the filing deadline at midnight on 31 January, according to data published by HMRC.