Some key points for our clients taken from #Budget2021
➡️Furlough extended
➡️Two more self-employed grants
➡️Business rates relief extended
➡️£5bn in new business grants worth up to £18,000
➡️VAT cut for hospitality extended
This is a Budget which sets out the next phase of our plan to protect the jobs and livelihoods of the British people. #PlanforJobs#Budget2021
https://t.co/2S0LE0Df0e
“It’s vital this help continues through the rest of the crisis”.
Chancellor @RishiSunak lays out the steps being taken to continue the support offered by the Coronavirus Job Retention and Self Employment Income Support Schemes. #PlanForJobs#Budget2021
The Chancellor @RishiSunak explains how changes to Corporation Tax will help the UK's economic recovery, whilst still maintaining the UKs position as one of the best places in the world to start and grow your business. #PlanForJobs#Budget2021
An additional £2.4 billion for the devolved administrations in Scotland, Wales & Northern Ireland through the Barnett formula, and measures to grow a greener, more sustainable future. #Budget2021#PlanForJobs
Continued support and investment in UK businesses through:
✅one-off Restart Grants
✅a new government-backed UK-wide Recovery Loan Scheme
✅The UK-wide Future Fund: Breakthrough scheme
#PlanForJobs#Budget2021
Help to Grow: Digital will give small businesses free online technology advice and 50% discounts on new productivity enhancing software.
Read more:
https://t.co/EcHaC7PdxW
#Budget2021#PlanForJobs
Help to Grow: Management will give the leaders of 30,000 SMEs access to world-class training on everything from financial management to marketing.
Read more: https://t.co/EcHaC7PdxW
#PlanForJobs#Budget2021
UK to launch world’s first sovereign green savings bond for retail investors, allowing savers to help drive the country’s transition to net zero by 2050. #PlanForJobs#Budget2021
The Government is investing £25bn in the UK's future growth & prosperity with the biggest 2 year business tax cut in history. Through the 130% super-deduction, companies can cut their taxes by up to 25p for every pound they invest. #Budget2021#PlanForJobs
From April 2023 the rate of Corporation Tax paid on company profits will increase from 19% to 25%
Companies with profits under £50,000 will remain at 19%, meaning only 10% of companies will pay the higher rate
#Budget2021#PlanForJobs
An increase in the Personal Allowance to £12,570 in April 2021, which will be maintained at that higher level until April 2026. #Budget2021#PlanForJobs
A tapered extension of the stamp duty holiday until 30 September, helping more people to purchase their homes before the deadline and supporting jobs. #Budget2021#PlanForJobs