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08 Nov 2021
On 27 October, Chancellor Rishi Sunak delivered a Budget to ensure the UK economy bounces back following the coronavirus (Covid-19) pandemic.
Business groups gave a mixed response to Chancellor Rishi Sunak's 2021 Autumn Budget speech.
The Institute for Fiscal Studies (IFS) has predicted that millions of people will be worse off in 2022 as a result of spiralling costs and tax rises.
The government has doubled the period for filing and payment of capital gains tax (CGT) on residential property from 30 days to 60 days.
The Federation of Small Businesses (FSB) has warned that tax rises could threaten the UK's ongoing recovery from the Covid-19 pandemic.
Businesses that are planning to operate in the UK's new freeports can now apply to HMRC.
A single person will need post-tax annual income of £10,900 for a minimum standard of living in retirement, according to the Pensions and Lifetime Savings Association (PLSA).
Homeowners in England and Wales will be offered subsidies of £5,000 from next April to help them to replace old gas boilers with low carbon heat pumps.
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