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Autumn Budget Cancellation

by Nicola Crozier / Friday, 02 October 2020 / Published in Financial news

 

It has recently been reported by HM Treasury that the Autumn Budget scheduled for November this year has been cancelled due to the prolonged restrictions caused by the coronavirus pandemic.

This means that it is highly likely that any tax changes that might have been introduced to ease the financial burden of the coronavirus support packages will now be delayed until a potential March 2021 Budget.

This means the current personal tax allowances* and reliefs are likely to remain unchanged until next year (at the earliest).  Please get in touch to take advantage of this.

Further information on the current allowances can be viewed in the documents below. There are two versions one of which is specifically for Scottish clients.

September 2020 Autumn Budget 2020 cancelled tax planning

September 2020 Autumn Budget 2020 cancelled tax planning – Scottish version

If you would like to discuss any aspect of the cancellation of the Autumn Budget with our financial adviser please get in touch:

https://vincentthrop.co.uk/contact-us/

 

 

 

 

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Important Information

The information on this website is subject to the UK regulatory regime and is therefore intended for consumers based in the UK.

Vincent Throp Limited is an appointed representative of Openwork Limited who are authorised and regulated by the Financial Conduct Authority.

West Lothian Address

Suite 3-5 Pinnacle House
Mill Road Industrial Estate, Mill Road
Linlithgow
West Lothian
EH49 7SF
United Kingdom

01506 848799

Oxfordshire Address

Hexagon Business Centre
Wittas House, Two Rivers, Station Lane
Witney
Oxfordshire
OX28 4BH
United Kingdom

01865 587116

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Vincent Throp Limited is a financial planning consultancy with over two decades’ experience in financial planning and wealth management. Our office is based in Linlithgow, Scotland but we travel throughout the UK to meet with clients.

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