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Welcome to the February 2021 issue of our newsletter.
Welcome to the February 2021 issue of our newsletter
The Bank of England monetary policy committee recently stated that GDP is projected to recover rapidly towards pre-Covid levels over the year, as the vaccination programme is assumed to lead to an easing of Covid-related restrictions and people’s health concerns, although this depends on the evolution of the pandemic, measures taken to protect public health, and how households, businesses and financial markets respond to these developments.
The Budget – don’t miss our immediate summary
In the Budget on Wednesday 3 March 2021, the Chancellor, Rishi Sunak, will set out the next phase of the plan to tackle the pandemic.
Although we will not be able to host our usual event, Debbie Franklin, Director of Tax, will be providing our immediate summary in video format. It will focus on the tax measures and announcements which may affect you, your family and your business. We will also provide a written summary with useful tips.
For now, there are important business updates, tax saving tips and much more below.
Please contact us if you need further assistance. We are here to support you.
09 Jan 2022
On 21 December 2021, Chancellor of the Exchequer, Rishi Sunak, unveiled a £1 billion COVID-19 fund, including cash grants of up to £6,000 per premises for each eligible firm.
HMRC has reminded self assessment taxpayers to declare any COVID-19 grant payments on their 2020/21 tax return.
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