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Budget: 27 October 2021 summary

Budget: 27 October 2021 summary

On 27 October 2021, Chancellor Rishi Sunak gave his second Budget speech of the year. As significant tax changes had been announced in the March Budget, this was widely expected to be more about spending than taxation. Many of these spending plans had been announced...
Don’t be a victim of digital scammers, warns HMRC

Don’t be a victim of digital scammers, warns HMRC

Taxpayers are being urged to remain cautious of digital approaches claiming to be from HMRC, as tax-related scams have almost doubled in the past 12 months. Writing to voluntary and community sector groups this week, HMRC’s Head of Cyber Security, Mike Fell, starkly...
The autumn Budget will take place on 27 October 2021

The autumn Budget will take place on 27 October 2021

Capital gains tax rates to rise? Increasing capital gains tax, possibly by aligning with income tax rates, would be a more visible tax rise but may not collect a great deal relative to the total tax take. Announcing a tax rise for say April 2023, could incentivise...