UK Budget 2021: What will it include?

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UK Budget 2021: What will it include?

This year’s UK Budget to be announced on 3 March is expected to be a recovery plan for the sectors battered due to the coronavirus-led uncertainties. Much of the economy remains paralyzed by a coronavirus.  In 2020, the GDP shrank by 9.9 percent, which is the sharpest decline in 300 years. In between October and December 2020, the economy grew 1 percent.

A few quick points on what Chancellor Rishi Sunak may consider for his budget statement. 

  • Fiscal outlook   
  • Pandemic Support measure  
  • Corporate tax  
  • Income tax  
  • Capital Gain Tax     
  • Business rates  
  • VAT  
  • Climate change  

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