Budget 2021

Our review of all things Budget with our experts plus our new 2021-22 Tax Rates card

Dafferns 2021

The 2021 Budget on 3 March had a number of pressing issues that The Chancellor needed to address; such as the economic cost of Covid-19 and who is going to pay the bill?

Martin Gibbs – Managing Partner

Video- Dafferns’ review of the March 2021 Budget

Brian King, Martin Gibbs, Karen Keeling and Brian Jukes discuss the much awaited Budget following the Chancellor’s 50 minute announcements.

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 Tax Rates Card 2021-22


Dafferns 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.

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 likely to have an impact upon your business and your personal finances.

Additionally, throughout the summary you will find informative comments to help you assess the effect that the proposed changes may have on you personally.

Read our Budget summary 


Budget news

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Corporate tax

The tax efficient salary for a director shareholder in 2021/22

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National minimum wage increases from 1 April 2021

Martin Gibbs


Budget 21 – research and development

Karen Keeling