Budget 2021 highlights Live: Winners & Losers! | Rishi Sunak Budget statement for property Explained

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Today we break down the latest Budget from Rishi Sunak MP, the following topics have been covered in this video.

Stamp duty land tax sdlt
capital gains tax cgt
corporation tax
Income tax
section 24 property tax
super deductions
annual investment allowance
R & D tax allowance

In Rishi Sunak latest budget speech the chancellor told the government about a positive
- economic update as a backdrop to his spending and tax review
- inflation update this was slightly above forecast but did not need immediate action
- interest rate update - a letter to the Bank of England had been sent outlining the governments updated plans for interest rates

The Chancellor of the Exchequer then announced a raft of spending plans investing in the UK's infrastructure which included the famous levelling up agenda, cuts and reform of business rates for retail hospitality and leisure

-Levelling Up
-Inflation
-Interest Rates
-Employment Up
-Tax Receipts Up

Andrew breaks down in depth after Rishi Sunak updated on growth which was ahead of forecast by over 50% and borrowing changing plans for government to only borrow for investment.

Rishi's big giveaway budget including cheaper sparkling wines especially English wines and hailed an age of optimism was spoken about, including investment on R&D. A Simple fairer tax system, corporate Tax, Business rates and More!

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