The Chancellor is due to deliver his Budget on Wednesday 27 October, where he will also set out the results of the Spending Review for the Government for the next three years. Whilst two major tax changes have already been introduced this year, in the form of the increased rate of corporation tax announced in the Spring and the new Health and Social Care Levy announced last month, both the Chancellor and the Prime Minister have been careful not to rule out any further changes and there remains, in particular, speculation about capital gains tax. How will Rishi Sunak navigate the somewhat conflicting demands of paying for the pandemic and the natural inclination of the Conservative Party to keep tax rates low? What “un-Conservative tax rises” will we see? Will there be a respite for business after recent corporation tax and NICs announcements?
Join us on Thursday 28 October at 10am when we will analyse the Budget and what it means for your clients and you.
We hope to see you (virtually) there.