Budget 2021

Nov 5, 2021 | The Budget

Please note that the main points from the 2021 budget were ;

  • April 2022 onwards the National Minimum Wage for 23 years of age and upwards rises to £9.50
  • New reduced hospitality business rates from April 2022, when the lower 12.5% vat rate is due to cease
  • Individuals disposing of properties from 1/11/21 will now have 60 days to declare their capital gain at www.hmrc.gov.uk
  • Retention of the £1million Annual Investment Allowance (AIA) for 2022/23

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