Government publishes details of Finance Bill 2021

The details of the Finance Bill 2021 have been published by the government.

The details of the Finance Bill 2021 have been published by the government.

The Bill outlines the key measures set to be brought into legislation, including many measures announced in the recent 2021 Budget.

In his Budget speech, Chancellor Rishi Sunak announced an extension of the stamp duty holiday in England; a super-deduction capital allowance; extensions of the Coronavirus Job Retention Scheme (CJRS) and the Self-employment Income Support Scheme (SEISS); and an extension of the VAT cut for the tourism and hospitality sectors.

The Bill will make sure the measures announced in the Budget take effect from 6 April 2021. It also legislates for tax changes that were previously consulted on and subsequently confirmed at the Budget.

Internet link: UK Parliament website

Chartered Institute of Taxation ACCA Xero FreeAgent
Bean Accounting, Derngate Mews, Derngate, Northampton, Northamptonshire NN1 1UE

© 2024 Bean Accounting. All rights reserved. We use cookies on this website, you can find more information about cookies here.

powered by totalSOLUTION

Company details

01604632226

Opening hours: 8.30am – 5pm (Mon-Fri)