Budget Report 2020

This Report, which was written immediately after the Chancellor of the Exchequer delivered his Budget Speech, is intended to provide an overview of the latest announcements and recent measures most likely to affect you or your business.

Chancellor Rishi Sunak announced his first Budget, and the first since the UK left the European Union, after a postponement caused by last year’s Brexit wrangling.

This guide contains advice which is designed to assist you with effective tax and financial planning. We can help to ensure that your financial plans remain effective, even as your personal and business circumstances change. We will work alongside you to help you achieve a rewarding and financially secure future.

Please see the pages below for more information 

Introduction

Budget Highlights

Business Tax

Minimum Wage

Capital Taxes

Duties

Employment Taxes

National Insurance

Personal Tax

2020/21 Tax Calendar

Income Tax and Personal Savings

Tax and Travel

Other Matters