Budget & Finance Act / All

The Government’s recently announced Economic Recovery Plan includes a number of welcome tax and non-tax measures focused on the continued recovery of our economy.

In this article, Sara Hamill, Tax Director and Johnny Hanna and Mathew Scott, Tax Partners from our KPMG Belfast tax practice, outline the key tax aspects of the UK Budget 2021 and their potential impact for businesses operating in Northern Ireland.

What does the Budget mean for you and your business?

The Report Stage amendments to Finance Bill 2020 were issued and passed by Dáil Éireann this week. The key amendments include: Covid Restrictions Support Scheme (CRSS) further clarifications and the addition of accelerated wear and tear allowances for certain farm equipment.

Playback of webinar held on 23 October 2020.

Ireland's Finance Bill 2020 was published on 22 October 2020.

We invite you to join us for the next session in our Lunch & Learn Series, where we will focus on the measures contained within the Finance Bill 2020.

What’s next for Tax? Former UK Chancellor Philip Hammond, KPMG’s Tom Woods and Carmel Logan, economist Dan O’Brien and broadcaster Matt Cooper on tax, business and politics in our Budget 2021 webinar playback.

Our commentary on the key changes in Budget 2021.