Autumn Statement 2021
Wednesday 27 October will see Rishi Sunak, the Chancellor of the Exchequer, deliver his 2021 Autumn Statement and set out his plans for the recovery of the economy.
With Coronavirus still affecting many aspects of our lives, and the public purse severely depleted, we await details of how the Government intend to recoup the billions that have been spent since the pandemic started in March 2020. Throw Brexit into the ring, and the rising energy prices and fuel shortages, and Mr Sunak definitely has a tough job on his hands!
Some announcements have already been made, such as the freezing of the tax free personal allowance and the increase in the dividend and National Insurance tax rates, but whether or not any further changes are in the pipeline remains to be seen.
Our Tax Specialists will be watching Mr Sunak’s statement to see how it will affect you and will provide a summary of the announcements on the day.
See our predictions in the video below whilst we wait to see what the Chancellor has in store.