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Budget 2021 – How will it affect you?
Today Rishi Sunak, the Chancellor of the Exchequer set out the Government’s tax and spending plan for the year ahead. We cover the impact from individuals, self-employed and small company owners in detail below. We have also done a quick summary, in case this is easier for you to digest. This is based on what…
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Budget 2021 – Quick Summary
With the economy shrinking by 10% in 2020 with it forecast to rebound in 2021 by 4% and 7% in 2022. 700,000 people have lost their jobs during the pandemic, despite all the Coronavirus Support Schemes and unemployment is expected to hit 7.3% next year, although this is significantly less than the previous 11.9% predicted.…
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Bounce Back Loans Update
As part of the Coronavirus Support Schemes, the Government introduced the Bounce Back Loan to support Small Businesses through this most difficult of times. Since the initial announcement there has been a few further improvements made here, so we wanted to make you aware of these, especially as this scheme is coming to an end…