The Autumn Budget – taxed and spent
The first Autumn Budget in three years – and the Chancellor’s third in less than 20 months – featured no significant increases in tax, but it’s never too early to start thinking about your year-end tax planning.
The first Autumn Budget in three years – and the Chancellor’s third in less than 20 months – featured no significant increases in tax, but it’s never too early to start thinking about your year-end tax planning.
The Chancellor’s November ‘Financial Statement’ revealed more spending and more government borrowing, but no mention of tax rises.
After heavy hinting from the Treasury for some weeks, the expected Autumn Budget has been pushed into spring 2021.
As speculation about tax changes in the next Budget grows, it’s worth reviewing whether some plans should be brought forward.
The Chancellor has announced the date of his first Autumn Budget as Wednesday 22 November.