Budget Reports

Download our Economic Update 2020 Guide to see how the budget affects you and your business

A comprehensive summary of the measures announced by Chancellor Rishi Sunak in his emergency budget speech on 7th of July 2020. Find out how the measures will affect you and your business.

Some of the biggest announcements covered are:

  • Stamp Duty Land Tax Holiday - Lower Threshold for payment of Stamp Duty raised to £500k in England/NI
  • VAT cut in Hospitality and Tourism Sectors - Reduction of VAT to 5% for food, accommodation and attractions.
  • Furlough Bonus Scheme - Introduction of a £1,000 payment to incentivise employers to bring back employees fromn furlough.
  • £2bn Kickstart Scheme - New fund to subsidise 6 month work placements aimed at those on Universal Credit between the ages of 16 and 24.
  • Apprentice Scheme Boost - Introduction of a new payment of £2,000 for every new apprentice under the age of 25 and £1,500 for those that areolder.


If you have any questions on how any area covered affects you or your business please don't hesitate to get in touch!

Download our Economic Update 2020 Guide to see how the budget affects you and your business

A comprehensive summary of the measures announced by Chancellor Rishi Sunak in his emergency budget speech on 7th of July 2020. Find out how the measures will affect you and your business.

Some of the biggest announcements covered are:

  • Stamp Duty Land Tax Holiday - Lower Threshold for payment of Stamp Duty raised to £500k in England/NI
  • VAT cut in Hospitality and Tourism Sectors - Reduction of VAT to 5% for food, accommodation and attractions.
  • Furlough Bonus Scheme - Introduction of a £1,000 payment to incentivise employers to bring back employees fromn furlough.
  • £2bn Kickstart Scheme - New fund to subsidise 6 month work placements aimed at those on Universal Credit between the ages of 16 and 24.
  • Apprentice Scheme Boost - Introduction of a new payment of £2,000 for every new apprentice under the age of 25 and £1,500 for those that areolder.


If you have any questions on how any area covered affects you or your business please don't hesitate to get in touch!

Economic Update 2020.pdf
File Name:
Economic Update 2020.pdf
File Size:
234
kbs
File Type:
PDF
Source:
Publish Date:
9/7/2020
Download

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla,.

Published:
July 9, 2020
Finsbury Robinson Services
R&D Tax
Has your company undertaken
any R&D related activities?
Find OUt More
Affected by the
Let Property Campaign?
Find OUt More
Check out our fixed price
Accounting and Business Packages
Find OUt More
Free Book-keeping
Software for all Clients
Find OUt More
Free Auto Enrolment Pensions Advice
Calculate your Contribution!
Find OUt More
Are you aware of the Capital Gains Tax Changes coming?
GDPR Compliance
CAN YOU AFFORD NOT
TO BE GDPR COMPLIANT?
Find OUt More
To get in touch use our Quick Contact Bar:
Show/Hide

Monday                 8:30AM – 5:30PM
Tuesday                8:30AM – 5:30PM
Wednesday          8:30AM – 5:30PM
Thursday              8:30AM – 5:30PM
Friday                 9:00AM – 12:30PM
Saturday                                 Closed
Sunday                                   Closed

Finsbury Robinson
237 Westcombe Hill
Blackheath
London
SE3 7DW