A Picture of Richard Verge - Tax Director

Welcome announcements included increasing R&D support, extending the higher annual investment allowance limit, reductions in business rates for the high street and increases in the cultural tax reliefs. There were the increases in NI and dividend tax, the new residential property developer tax, the economic crime (AML) levy and the basis period reforms for unincorporated businesses.

Autumn Budget 2021

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A Picture of Richard Verge - Tax Director

I encourage anyone with an unincorporated business and the year end which is not already aligned with the tax year to contact their accountants to discuss the potential impact of these proposed changes

Will I have to pay more tax next year? Changes affecting partners in professional practices and sole traders

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