Video – Dafferns’ review of the October 2021 Budget
October 2021 Budget Summary
Our Budget summary provides an overview of the key announcements arising from the Chancellor’s speech.
Additionally, throughout the summary you will find informative comments to help you assess the effect that the proposed changes may have on you personally.
Don’t forget, we can help to ensure that your accounts are accurate and fully compliant. We can also suggest strategies to minimise your tax liability and maximise your profitability.
If you would like more detailed, one-to-one advice on any of the issues raised in the Chancellor’s Budget speech, please do get in touch.
Tax Rates Card 2021-22
Available as a PDF download, here is our annual tax rates card for the 2021-22 tax year
- Income Tax rates, bands and allowances
- Individual Savings Accounts
- Devolved Income Tax rates – Scotland and Wales
- Capital Gain Tax rates and reliefs
- Inheritance Tax
- Car, van and fuel benefits
- National Insurance
- State Benefits
- Tax reliefs for individuals – EIS, SEIS VCTs
- Corporation Tax
- Capital Allowances
- Value Added Tax
- Property Taxes
Dafferns March 2021 Budget Summary
With the UK having been adversely affected by the coronavirus (COVID-19) pandemic, Chancellor Rishi Sunak presented the 2021 Budget against a backdrop of ongoing economic hardship.