The 2021 Budget is now public and we wanted to inform you about how these changes affect you. The Chancellor has announced tax pledges amounting to £21 billion over the next five years, to help pay down debt caused by COVID-19.
The budget is focused primarily on continued spending and support to the economy but with the warning of ‘tough decisions’, and increased taxes and/or spending cuts alongside inflation, to come in future.
In our Budget Summary PDF below, you can find out the specific areas which may affect you.
If you have any questions about your financial plan and the March Budget, please contact us.
Your team at Suttons