Phone: 01242 260066 | Email accountants@mitchells.org

View our 2020 Budget Report

12 Mar 2020

Chancellor Rishi Sunak delivered his 2020 Budget speech yesterday, outlining a range of tax and financial measures.

Mr Sunak's speech unveiled a raft of amendments, including a £30 billion stimulus package to support the UK economy through coronavirus contagion, a one-year suspension of business rates for shops, cinemas, restaurants and music venues in England with a rateable value below £51,000 and a rise in the national insurance contribution (NIC) threshold from £8,632 to £9,500.

Further details regarding the announcements made by the Chancellor featured in the official press releases. Our comprehensive Budget Summary outlines the key measures, including some of the less-publicised changes that may impact upon your business or personal finances.

For a detailed overview of the 2020 Budget information, please read our 2020 Budget Summary.

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Mitchell Glanville Limited regulated by the Institute of Chartered Accountants in England and Wales If, during the provision of professional services to you, you need advice on investments, we may have to refer you to someone who is authorised by the Financial Conduct Authority, as we are not. However, as we are licensed by the Institute of Chartered Accountants in England and Wales, we may be able to provide certain investment services where these are complementary to or arise out of the professional services we are already providing to you.

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