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Welcome to the December 2020 issue of our newsletter.
This year will be remembered for the destruction Coronavirus has caused to our lives, especially those who have lost loved ones.
Economically, the country has been devastated with sectors such as hospitality, travel, the Arts and high street retail hit hardest.
However, we have been amazed at the resilience of many of our clients and how they have energetically repurposed or pivoted their businesses into new areas, products and services.
We can also reflect on the good news of the first vaccines arriving, being distributed and administered to people. Let’s hope that sometime next year we have broken the back of this virus!
Please see the below information which will hopefully help you to plan for success in 2021.
06 Feb 2024
Government borrowing fell to £7.8 billion in December 2023 giving Chancellor Jeremy Hunt more scope to make the tax cuts he has hinted at in the Spring Budget.
Tax cut promises may need to be scrapped as a result of the UK being in an 'unfortunate economic and fiscal bind', the Institute for Fiscal Studies (IFS) has warned.
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