Frontier Fiscal Services-Budget Report November 2021

October 28, 2021by Frontier Group

The Chancellor Rishi Sunak presented his third Budget on 27 October 2021. In his speech he set out the plans to “build back better” with ambitions to level up and reduce regional inequality.


The report can be found here


Main Budget proposals


Tax measures include:


  • a change in the earliest age from which most pension savers can

access their pension savings without incurring a tax charge. From

April 2028 this will rise to 57


  • individuals disposing of UK property on or after 27 October 2021

now have a 60 day CGT reporting and payment deadline, following


  • the retention of the £1 million annual investment allowance until

31 March 2023


  • a new temporary business rates relief in England for eligible

retail, hospitality and leisure properties for 2022/23


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Frontier Group