HOME NEWS AND EVENTS DOWNLOADS CAREERS OUR TEAM AUDIT ACCOUNTING & ADVISORYTAXATIONWEALTH PLANNINGCONSULTANCYFORENSIC ACCOUNTINGONLINE ACCOUNTING Chancellor remains in 'spend mode' in Autumn Budget 2021 28 October 2021 Chancellor Rishi Sunak resisted the urge to raise taxes in order to start paying off the Covid-19 emergency support schemes which kept many businesses afloat during the pandemic. However, the cloud of increasing inflation looms. We already knew that many key tax rates and thresholds were frozen last Spring, up to and including 2025/26, and that the National Living Wage is to increase to £9.50 for over 23 year olds in the next tax year. The cut in taper rate for Universal Credit from December was welcomed especially since the £20 weekly uplift Covid-19 pandemic payment was stopped in October. Company directors are feeling the brunt of limited government support during the pandemic and now the increase in National Insurance Contributions for themselves and their employees under the guise if the Health & Social Care Levy of 1.25% from April 2022. Read more about the detail of the budget in our Autumn Budget Summary. KEYWORD TAGS: capital gains tax Corporation Tax inheritance tax pensions Tax tax planning tax relief Chancellor remains in 'spend mode' in Autumn Budget 2021 Tax Returns and the SEISS Grant Bookkeeper Wanted Shifting to Electric Company Cars Tax Planning for Residential Landlords July 2021 June 2021 March 2021 February 2021 January 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 NEWRYBELFASTLURGAN DALY PARK NEWRY OFFICE 6 Trevor Hill Newry Co. Down, Northern Ireland BT34 1DN Tel: 028 3026 7715 Fax: 028 3025 7335 Get Directions Contact Daly Park Belfast: Privacy Policy Follow us: Web Design Belfast -->