Budget 2021: Personal tax thresholds frozen, corporation tax increases to 25%
The Chancellor has announced that personal tax thresholds will be frozen.
Rishi Sunak says the threshold will increase next year to £12,570 but will be kept at this level until 2026.
The higher rate will rise to £50,270 in 2022, but will stay there until 2026.
Meanwhile, corporation tax will increase from 19% to 25% in 2023 - only "businesses with profits of £250,000 or greater" will be affected.
Follow live analysis of #Budget2021: https://trib.al/wHu3v44
SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews
Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí https://www.youtube.com/channel/skynewsespanol
Follow us on Twitter: https://twitter.com/skynews and https://twitter.com/skynewsbreak
Like us on Facebook: https://www.facebook.com/skynews
Follow us on Instagram: https://www.instagram.com/skynews
For more content go to http://news.sky.com and download our apps:
Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8
Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB
Видео Budget 2021: Personal tax thresholds frozen, corporation tax increases to 25% канала Sky News
Rishi Sunak says the threshold will increase next year to £12,570 but will be kept at this level until 2026.
The higher rate will rise to £50,270 in 2022, but will stay there until 2026.
Meanwhile, corporation tax will increase from 19% to 25% in 2023 - only "businesses with profits of £250,000 or greater" will be affected.
Follow live analysis of #Budget2021: https://trib.al/wHu3v44
SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews
Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí https://www.youtube.com/channel/skynewsespanol
Follow us on Twitter: https://twitter.com/skynews and https://twitter.com/skynewsbreak
Like us on Facebook: https://www.facebook.com/skynews
Follow us on Instagram: https://www.instagram.com/skynews
For more content go to http://news.sky.com and download our apps:
Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8
Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB
Видео Budget 2021: Personal tax thresholds frozen, corporation tax increases to 25% канала Sky News
Показать
Комментарии отсутствуют
Информация о видео
Другие видео канала
Infected blood scandal: 'Is today the day I'll be diagnosed with cancer?'Government to reveal infected blood compensation schemeInfected blood scandal: 'A cover up' and 'a deliberate attempt to lie'Infected blood: 'It should never have happened' says paymaster general John GlenInfected Blood Inquiry: Will victims finally get justice?Faultlines: The cost of going greenPlatinum Jubilee: Richard Griffin on the Queen's sense of humourPremier League: 'Squeaky bum time' as Man City look to make historyWatch live: PM Rishi Sunak delivers statement after infected blood scandal reportNorthern lights illuminate the skies across the UK and the worldFury v Usyk: 'It's D-Day for both of us'Brexit: Legal threat after millions spent on 'white elephant' border postsEuthanasia debate comes to ParliamentHelicopter crash: Iranian president Ebrahim Raisi missingStreatham terrorist attack: Undercover police officer 'locked eyes' with himBoris Johnson sacks Levelling Up Secretary Michael GoveHelicopter carrying Iran's president Ebrahim Raisi involved in 'hard landing'Watch Politics Hub with Sophy Ridge as PM Rishi Sunak apologises to infected blood scandal victimsChair of infected blood scandal inquiry speaks to Sky NewsInfected blood scandal 'was not an accident'Iranian president Ebrahim Raisi killed in helicopter crash