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United Kingdom: Budget 2021 - employment tax highlights

In brief The UK 2021 Budget was published yesterday, targeted at driving economic recovery as the UK begins to edge out of the worst of the COVID-19 pandemic and reopen its economy.  Key to the Chancellor’s stated agenda is seeking to promote business investment and support entrepreneurial growth, whilst creating and protecting jobs and livelihoods – which the Chancellor maintains is at the forefront of his Budget mandate. We have summarized the key employment tax highlights of the 2021 Budget. In more detail Rishi Sunak outlined plans in his 2021 Budget yesterday, targeted at driving economic recovery as the UK begins to edge out of the worst of the COVID-19 pandemic and reopen its economy.  Key to the Chancellor’s stated agenda is seeking to promote business investment and support entrepreneurial growth, whilst creating and protecting jobs and livelihoods – which the Chancellor maintains is at the forefront of his Budget mandate.

Matt Hancock pressing for increase in statutory sick pay

Matt Hancock pressing for ‘increase in statutory sick pay’ Ashley Cowburn © Provided by The Independent Matt Hancock is reportedly pushing for an increase in statutory sick pay, almost 12 months after Boris Johnson announced the country would enter the first coronavirus lockdown. The health secretary, who admitted last year he could not live on the payments, raised the issue at a meeting of the government’s Covid-19 operations committee earlier this week, according to The Times Increasing statutory sick pay from the current rate of £95.85 could reduce levels of sickness in the workplace, Mr Hancock is said to believe, but the move is being resisted by the Treasury over cost concerns.

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