Budget
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Oct- 2021 -28 October
Accounting industry welcomes Budget’s R&D push
The accounting industry has welcomed “promising signals” for continued investment in research and development (R&D) and innovation. Yesterday (27 October),…
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27 October
Chancellor unveils biggest single-year rates cut in over 30 years
Chancellor Rishi Sunak has unveiled a 50% discount on business rates for the hospitality, retail and leisure sectors (up to…
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Sep- 2021 -7 September
PM announces £12bn-a-year tax hike to fund NHS and social care
Prime Minister Boris Johnson has announced that the Government is set to introduce a £12bn-a-year tax hike from April 2022…
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Apr- 2021 -7 April
Applications open for Recovery Loan Scheme
The government’s Recovery Loan Scheme has opened for applications as of yesterday (6 April). Revealed to the public as part…
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Mar- 2021 -22 March
UK public finances fall in February
The year-on-year decline for the UK’s public finances in February turned out to be slightly less than expected, according to…
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1 March
MPs warn Sunak against tax hike
MPs have warned chancellor Rishi Sunak ahead of the March Budget that “now is not the time for tax rises”,…
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Feb- 2021 -22 February
Azets urges chancellor to support SMEs in March Budget
The forthcoming March Budget must “further relax business taxes and minimise the growing risk of closures and redundancies across SMEs”,…
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22 February
Public finance deficit drops to £8.8bn
The UK’s public finance deficit dropped to £8.8bn in 2020, a smaller year-on-year decline than the previously anticipated £9.6bn. The…
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19 February
March budget to encourage investment, predicts Deloitte
Ahead of the chancellor’s budget on 3 March 2021, Deloitte has predicted that it will concentrate on fuelling economic growth…
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16 February
IFS urges Sunak to halt plans on tax rise in March Budget
The Institute for Fiscal Studies (IFS) has urged Rishi Sunak to use the March Budget as a way to map…
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