{"id":2648,"date":"2021-03-05T10:04:00","date_gmt":"2021-03-05T10:04:00","guid":{"rendered":"https:\/\/csttax.com\/en-gb\/?p=2648"},"modified":"2022-02-23T01:09:59","modified_gmt":"2022-02-23T01:09:59","slug":"uk-budget-2021-changes-that-may-affect-your-business","status":"publish","type":"post","link":"https:\/\/csttax.com\/en-gb\/blog\/uk-budget-2021-changes-that-may-affect-your-business\/","title":{"rendered":"UK Budget 2021 &#8211; Changes that may affect you and your business"},"content":{"rendered":"\n<p>The Chancellor Rishi Sunak presented his second Budget on Wednesday 3 March 2021. Against the backdrop of COVID and a 10% contraction in the economy, he set out a three step plan to \u2018\u2026protect the jobs and livelihoods of the British people\u2019.<\/p>\n\n\n\n<p>The Budget introduced a new super deduction for capital investment, an announcement on the creation of freeports, further support for skills and a focus on job protection and creation \u2013 all of which advance the Government\u2019s \u2018levelling up\u2019 agenda.<\/p>\n\n\n\n<p>Our summary focuses on the tax measures which may affect you, your family and your business. To help you decipher what was said we have included our own comments. If you have any questions please contact us for advice.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><a href=\"https:\/\/csttax.com\/en-gb\/wp-content\/uploads\/sites\/4\/2022\/02\/Budget-2021.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">Download UK Budget 2021 Summary <\/a><\/h4>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Chancellor Rishi Sunak presented his second Budget on Wednesday 3 March 2021. Against the backdrop of COVID and a 10% contraction in the economy, he set out a three step plan to \u2018\u2026protect the jobs and livelihoods of the British people\u2019. The Budget introduced a new super deduction for capital investment, an announcement on [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":2649,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[],"class_list":["post-2648","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>UK Budget 2021 - Changes that may affect you and your business - CST Tax UK<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UK Budget 2021 - Changes that may affect you and your business - CST Tax UK\" \/>\n<meta property=\"og:description\" content=\"The Chancellor Rishi Sunak presented his second Budget on Wednesday 3 March 2021. Against the backdrop of COVID and a 10% contraction in the economy, he set out a three step plan to \u2018\u2026protect the jobs and livelihoods of the British people\u2019. The Budget introduced a new super deduction for capital investment, an announcement on [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/csttax.com\/en-gb\/blog\/uk-budget-2021-changes-that-may-affect-your-business\/\" \/>\n<meta property=\"og:site_name\" content=\"CST Tax UK\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-05T10:04:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-02-23T01:09:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/csttax.com\/en-gb\/wp-content\/uploads\/sites\/4\/2021\/03\/AdobeStock_355413635res72.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1498\" \/>\n\t<meta property=\"og:image:height\" content=\"998\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Richard Feakins\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Richard Feakins\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/csttax.com\/en-gb\/blog\/uk-budget-2021-changes-that-may-affect-your-business\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/csttax.com\/en-gb\/blog\/uk-budget-2021-changes-that-may-affect-your-business\/\"},\"author\":{\"name\":\"Richard Feakins\",\"@id\":\"https:\/\/csttax.com\/en-gb\/#\/schema\/person\/9fe6a1e4db6e30c1d3a22b83cd75ec2b\"},\"headline\":\"UK Budget 2021 &#8211; Changes that may affect you and your business\",\"datePublished\":\"2021-03-05T10:04:00+00:00\",\"dateModified\":\"2022-02-23T01:09:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/csttax.com\/en-gb\/blog\/uk-budget-2021-changes-that-may-affect-your-business\/\"},\"wordCount\":132,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/csttax.com\/en-gb\/blog\/uk-budget-2021-changes-that-may-affect-your-business\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/csttax.com\/en-gb\/wp-content\/uploads\/sites\/4\/2021\/03\/AdobeStock_355413635res72.jpg\",\"articleSection\":[\"CST News\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/csttax.com\/en-gb\/blog\/uk-budget-2021-changes-that-may-affect-your-business\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/csttax.com\/en-gb\/blog\/uk-budget-2021-changes-that-may-affect-your-business\/\",\"url\":\"https:\/\/csttax.com\/en-gb\/blog\/uk-budget-2021-changes-that-may-affect-your-business\/\",\"name\":\"UK Budget 2021 - Changes that may affect you and your business - CST Tax UK\",\"isPartOf\":{\"@id\":\"https:\/\/csttax.com\/en-gb\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/csttax.com\/en-gb\/blog\/uk-budget-2021-changes-that-may-affect-your-business\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/csttax.com\/en-gb\/blog\/uk-budget-2021-changes-that-may-affect-your-business\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/csttax.com\/en-gb\/wp-content\/uploads\/sites\/4\/2021\/03\/AdobeStock_355413635res72.jpg\",\"datePublished\":\"2021-03-05T10:04:00+00:00\",\"dateModified\":\"2022-02-23T01:09:59+00:00\",\"author\":{\"@id\":\"https:\/\/csttax.com\/en-gb\/#\/schema\/person\/9fe6a1e4db6e30c1d3a22b83cd75ec2b\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/csttax.com\/en-gb\/blog\/uk-budget-2021-changes-that-may-affect-your-business\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/csttax.com\/en-gb\/blog\/uk-budget-2021-changes-that-may-affect-your-business\/#primaryimage\",\"url\":\"https:\/\/csttax.com\/en-gb\/wp-content\/uploads\/sites\/4\/2021\/03\/AdobeStock_355413635res72.jpg\",\"contentUrl\":\"https:\/\/csttax.com\/en-gb\/wp-content\/uploads\/sites\/4\/2021\/03\/AdobeStock_355413635res72.jpg\",\"width\":1498,\"height\":998},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/csttax.com\/en-gb\/#website\",\"url\":\"https:\/\/csttax.com\/en-gb\/\",\"name\":\"CST Tax UK\",\"description\":\"International Tax Advice and Services\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/csttax.com\/en-gb\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/csttax.com\/en-gb\/#\/schema\/person\/9fe6a1e4db6e30c1d3a22b83cd75ec2b\",\"name\":\"Richard Feakins\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/csttax.com\/en-sg\/wp-content\/uploads\/sites\/2\/2023\/07\/Richard-Feakins-96x96.jpg\",\"url\":\"https:\/\/csttax.com\/en-sg\/wp-content\/uploads\/sites\/2\/2023\/07\/Richard-Feakins-96x96.jpg\",\"contentUrl\":\"https:\/\/csttax.com\/en-sg\/wp-content\/uploads\/sites\/2\/2023\/07\/Richard-Feakins-96x96.jpg\",\"caption\":\"Richard Feakins\"},\"description\":\"Richard has over 20 years of experience working with clients moving to, living in, or departing the UK. Throughout his career, Richard has developed a deep understanding of UK tax issues surrounding residence and domicile, inheritance tax, wealth planning, CGT, and tax compliance for both individuals and businesses.\",\"sameAs\":[\"https:\/\/csttax.com\/en-gb\/about-us\/richard-feakins\/\"],\"url\":\"https:\/\/csttax.com\/en-gb\/blog\/author\/richard\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"UK Budget 2021 - Changes that may affect you and your business - CST Tax UK","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"en_GB","og_type":"article","og_title":"UK Budget 2021 - Changes that may affect you and your business - CST Tax UK","og_description":"The Chancellor Rishi Sunak presented his second Budget on Wednesday 3 March 2021. Against the backdrop of COVID and a 10% contraction in the economy, he set out a three step plan to \u2018\u2026protect the jobs and livelihoods of the British people\u2019. The Budget introduced a new super deduction for capital investment, an announcement on [&hellip;]","og_url":"https:\/\/csttax.com\/en-gb\/blog\/uk-budget-2021-changes-that-may-affect-your-business\/","og_site_name":"CST Tax UK","article_published_time":"2021-03-05T10:04:00+00:00","article_modified_time":"2022-02-23T01:09:59+00:00","og_image":[{"width":1498,"height":998,"url":"https:\/\/csttax.com\/en-gb\/wp-content\/uploads\/sites\/4\/2021\/03\/AdobeStock_355413635res72.jpg","type":"image\/jpeg"}],"author":"Richard Feakins","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Richard Feakins","Estimated reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/csttax.com\/en-gb\/blog\/uk-budget-2021-changes-that-may-affect-your-business\/#article","isPartOf":{"@id":"https:\/\/csttax.com\/en-gb\/blog\/uk-budget-2021-changes-that-may-affect-your-business\/"},"author":{"name":"Richard Feakins","@id":"https:\/\/csttax.com\/en-gb\/#\/schema\/person\/9fe6a1e4db6e30c1d3a22b83cd75ec2b"},"headline":"UK Budget 2021 &#8211; Changes that may affect you and your business","datePublished":"2021-03-05T10:04:00+00:00","dateModified":"2022-02-23T01:09:59+00:00","mainEntityOfPage":{"@id":"https:\/\/csttax.com\/en-gb\/blog\/uk-budget-2021-changes-that-may-affect-your-business\/"},"wordCount":132,"commentCount":0,"image":{"@id":"https:\/\/csttax.com\/en-gb\/blog\/uk-budget-2021-changes-that-may-affect-your-business\/#primaryimage"},"thumbnailUrl":"https:\/\/csttax.com\/en-gb\/wp-content\/uploads\/sites\/4\/2021\/03\/AdobeStock_355413635res72.jpg","articleSection":["CST News"],"inLanguage":"en-GB","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/csttax.com\/en-gb\/blog\/uk-budget-2021-changes-that-may-affect-your-business\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/csttax.com\/en-gb\/blog\/uk-budget-2021-changes-that-may-affect-your-business\/","url":"https:\/\/csttax.com\/en-gb\/blog\/uk-budget-2021-changes-that-may-affect-your-business\/","name":"UK Budget 2021 - Changes that may affect you and your business - CST Tax UK","isPartOf":{"@id":"https:\/\/csttax.com\/en-gb\/#website"},"primaryImageOfPage":{"@id":"https:\/\/csttax.com\/en-gb\/blog\/uk-budget-2021-changes-that-may-affect-your-business\/#primaryimage"},"image":{"@id":"https:\/\/csttax.com\/en-gb\/blog\/uk-budget-2021-changes-that-may-affect-your-business\/#primaryimage"},"thumbnailUrl":"https:\/\/csttax.com\/en-gb\/wp-content\/uploads\/sites\/4\/2021\/03\/AdobeStock_355413635res72.jpg","datePublished":"2021-03-05T10:04:00+00:00","dateModified":"2022-02-23T01:09:59+00:00","author":{"@id":"https:\/\/csttax.com\/en-gb\/#\/schema\/person\/9fe6a1e4db6e30c1d3a22b83cd75ec2b"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/csttax.com\/en-gb\/blog\/uk-budget-2021-changes-that-may-affect-your-business\/"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/csttax.com\/en-gb\/blog\/uk-budget-2021-changes-that-may-affect-your-business\/#primaryimage","url":"https:\/\/csttax.com\/en-gb\/wp-content\/uploads\/sites\/4\/2021\/03\/AdobeStock_355413635res72.jpg","contentUrl":"https:\/\/csttax.com\/en-gb\/wp-content\/uploads\/sites\/4\/2021\/03\/AdobeStock_355413635res72.jpg","width":1498,"height":998},{"@type":"WebSite","@id":"https:\/\/csttax.com\/en-gb\/#website","url":"https:\/\/csttax.com\/en-gb\/","name":"CST Tax UK","description":"International Tax Advice and Services","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/csttax.com\/en-gb\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Person","@id":"https:\/\/csttax.com\/en-gb\/#\/schema\/person\/9fe6a1e4db6e30c1d3a22b83cd75ec2b","name":"Richard Feakins","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/csttax.com\/en-sg\/wp-content\/uploads\/sites\/2\/2023\/07\/Richard-Feakins-96x96.jpg","url":"https:\/\/csttax.com\/en-sg\/wp-content\/uploads\/sites\/2\/2023\/07\/Richard-Feakins-96x96.jpg","contentUrl":"https:\/\/csttax.com\/en-sg\/wp-content\/uploads\/sites\/2\/2023\/07\/Richard-Feakins-96x96.jpg","caption":"Richard Feakins"},"description":"Richard has over 20 years of experience working with clients moving to, living in, or departing the UK. Throughout his career, Richard has developed a deep understanding of UK tax issues surrounding residence and domicile, inheritance tax, wealth planning, CGT, and tax compliance for both individuals and businesses.","sameAs":["https:\/\/csttax.com\/en-gb\/about-us\/richard-feakins\/"],"url":"https:\/\/csttax.com\/en-gb\/blog\/author\/richard\/"}]}},"_links":{"self":[{"href":"https:\/\/csttax.com\/en-gb\/wp-json\/wp\/v2\/posts\/2648","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/csttax.com\/en-gb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/csttax.com\/en-gb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/csttax.com\/en-gb\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/csttax.com\/en-gb\/wp-json\/wp\/v2\/comments?post=2648"}],"version-history":[{"count":0,"href":"https:\/\/csttax.com\/en-gb\/wp-json\/wp\/v2\/posts\/2648\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/csttax.com\/en-gb\/wp-json\/wp\/v2\/media\/2649"}],"wp:attachment":[{"href":"https:\/\/csttax.com\/en-gb\/wp-json\/wp\/v2\/media?parent=2648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/csttax.com\/en-gb\/wp-json\/wp\/v2\/categories?post=2648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/csttax.com\/en-gb\/wp-json\/wp\/v2\/tags?post=2648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}