There is no doubt that this has been one of the most anticipated Budgets in recent times. After a year seeing unique and significant fiscal policies that have supported the economy throughout Covid-19, there was pressure to see how the government would pay back the large amount of debt incurred during the pandemic, while maintaining an economic platform for growth. In addition there is the need to help businesses through the post-Brexit transition period.
The Chancellor announced his ‘Budget for recovery’ with a clear focus on continuing and enhancing the economic support for Covid-19 and the rebuilding of public finances to ensure a post-Covid-19 financial recovery and a stable economic future.
You can read our full budget analysis including commentary from Tax Partner Maybeth Shaw by clicking the link below.
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