Budget 2021: Great Expectations

The backdrop to and latest expectations on possible Budget changes.

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Budget Rumour: Possible increase in the rate of Corporation Tax

Chancellor reportedly considering a gradual increase in the rate of corporation tax.

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Budget Day and Consultations on tax policy

The Treasury have announced they will be publishing Consultations /calls for evidence on tax change that will not be incorporated into the Finance Bill or impact Government finances on 23rd March and not on Budget Day.

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Budget Rumours: Everything Pensions

Views on possible changes to pensions within the upcoming budget.

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A new date for Tax Year End

The Easter holidays mean that the practical Tax Year End is 1st April.

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The Green Budget from the IFS

The institute of Fiscal Studies put forward their thoughts on the economy, debt, spending and taxation.

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Budget Rumours: A special corporation tax on on-line sales?

The possibility of an on-line/excess profits tax.

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Budget Rumours: Income Tax , NIC and VAT

Will the Government renege on its promise not to increase rates of income tax , NIC and VAT?

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Could Corporation Tax be increased in the Budget?

Some background to the possibility of an increase in the corporation tax rate in the Budget.

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Deficit, Debt and GDP explained

Understanding Deficit, Debt and GDP and their interplay is key to understanding the likelihood of tax increases.

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