Page 6 - Super Deduction News Today

From stealth tax, support grants and business rates holidays to furlough extensions and stamp duty delays, reputed Gloucestershire accountants Hazlewoods, shares its expert financial analysis of Rishi...

Julian Sturdy, York Central MP. YORK businesses need normal trading conditions to survive - not extended subsidies to stay closed or below capacity, says a York MP. Julian Sturdy, the MP for York Outer, welcomed many of the measures announced by the Chancellor yesterday, but said: "The overall Budget is only affordable if ‘normal’ is not much further delayed." He welcomed the extension of emergency Covid jobs and business support, but said: "This must not detract from the urgent need to...

UK Chancellor Sunak announces class war budget Chancellor Rishi Sunak presented a £65 billion budget yesterday for the Conservative government funnelling a vast tranche of money into the coffers of big business. It was trailed that Sunak would extend the jobs furlough scheme, under which around 11 million workers whose companies are unable to operate during pandemic lockdown have received up to 80 percent of their wages paid by the state. At the end of January, it was still supporting 4.7 mill...

RISHI Sunak has won praise for a Budget that could help Scotland’s small firms get through the ‘last lap’ of the coronavirus crisis.

Corporation Tax rates will hit firms in a couple of years.

3 March, 2021 SHARE Organisations from the industry comment on the Chancellor of the Exchequers Budget Statement 2021 to the House of Commons. Builders Merchants Federation John Newcomb, CEO of the Builders Merchants Federation, said: “The Chancellor largely struck the right notes in announcing continued support for business as we move through the final stages of the coronavirus roadmap and plan for recovery.  “We were pa...

For the latest updates as they happen, follow our Budget live feed ��   British Institute of Innkeeping “With the package of support from government laid out, our pubs can begin to look to the future of their businesses once more. The extension of furlough to September will help our pubs to manage the return of their teams until they are able to trade freely again. The confirmation of further reductions in business rates will allow them time to recover, but until our nation’s pubs are...

A year ago, in my first Budget, I announced our initial response to coronavirus. What was originally thought to be a temporary disruption to our way of life has fundamentally altered it. People are still being told to stay in their homes; businesses have been ordered to close; thousands of people are in hospital. Much has changed. But one thing has stayed the same. I said I would do whatever it takes; I have done; and I will do so. We have announced over £280 billion of support, protecting job...

Britain will extend its job-protecting furlough programme - due to cost an estimated 70 bn pounds between its launch last spring and its previously scheduled end date in April - by five more months until the end of September and expand support for the self-employed too.

Sunak’s Budget contained few surprises but food and drink leaders have cautiously welcomed new measures of support