On Wednesday 27th October, the Chancellor announced the Autumn Budget amid a backdrop of slowing economic growth, the end of furlough support, and looming financial hardship for families and businesses.
In his speech, the Chancellor declared this Budget as heralding an ‘age of optimism’, outlining a number of levy and relief extensions, increased spending across all sectors, and changes to existing legislation and support that aim to aid the UK’s recovery in a post-pandemic climate.
Download our comprehensive summary below to see a detailed overview of the key announcements made in the Chancellor’s speech and look beyond the key headlines – lesser-known changes that may impact your business and/or your personal finances are included and commentary or further explanation is included.
If you have any questions regarding any of the topics mentioned in the Chancellor’s Budget, or would like further clarity regarding how the changes might affect you, please do not hesitate to get in touch with a member of our dedicated team.
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