Budget 2021: Tax expert on Rishi Sunak's 'most significant' announcement
play-icon Created with Sketch. In the worst economic slump for three centuries, there was never going to be a quick fix in the Chancellor's Budget, even with all the money he's borrowing. After that it is payback time, for larger profitable firms anyway. Corporation tax for them will rise from 19% to 25% - the first rise since 1974. So what else stood out? Who will be most affected? And is there anything hidden in the smallprint? ITV News spoke to Aidan Sutton, a Tax Partner at PwC, for a quick Q&A.
Source: itv.com