UK Budget 2021 Breakdown | Furlough Extended | Allowances frozen until 2026
Channel: Financial Madness
Date: 03/03/2021

Special Wednesday Episode for you! I breakdown the highlights from Rishi Sunak's 2021 Budget.

Including:
- Furlough Extensions
- 600k increase access to Self-Employed Grants
- Universal Credit uplift extension
- National Living Wage Increase
- Increased cash incentives for businesses to hire Apprentices
- Extra £19m to Domestic Violence Programmes
- Extra £10m to Veteran Mental Health Programmes
-5% reduced rate of VAT extended for Tourism and Hospitality
- Stamp Duty Tax Holiday Extended
- 95% Mortgages
- 2030 World Cup Bid
- Contactless Payment Threshold increased to £100
-  Personal Income, Capital Gains, Pension Lifetime and Inheritance Tax Allowance Freeze!
- Corporation Tax Increase
- Infrastructure Bank
- Green Savings Account
- Science Superpower
- Freeport

Chapter Information:
0:00 Introduction
1:19 Section 1: Support Business' & Jobs
5:21 Section 2: Fix Public Finances
8:18 Section 3: The Future Economy


DISCLAIMER - Any advice or (statements perceived to be advice) given in this video and any other videos on my channel are for information purposes only, and does not act as financial advice.  Your  are fully responsible for your financial decisions. If you are in need of Financial Advice, please seek out a professional advisor. If your are unsure on how to do this, feel free to reach out to me and I am more than happy to guide you.

#Budget2021 #RishiSunak