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Tax rates and allowances card 2020/21

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Off the back of a budget set against the background of the Coronavirus epidemic, the Chancellor looked to provide the fiscal support to impacted businesses and services, while planning for the Government’s long-term priorities. and ensure the UK remains competitive from both a personal and business tax perspective.

Download Menzies latest Tax Rates Card

The Menzies Tax Rate card outlines the business and individual tax rates for the coming tax year (2020/21). If you are at all unsure about the impact of the Chancellor’s 2020 Budget Statement on your business or personal finances please get in touch and Menzies will be able to guide you through the items that may impact upon you.

  • Income tax rates
  • Income tax reliefs
  • Inheritance tax
  • Individual savings accounts
  • National insurance
  • Capital gains tax
  • Car, van and fuel benefits
  • Mileage allowance payments
  • Statutory pay rates
  • Tax relief for individuals
  • Business Tax
  • Capital allowances
  • Pension premiums
  • Value adding tax
  • Stamp duty and stamp duty land tax
  • Land and building transaction tax.

For more information about Menzies LLP or to talk to us about the impact of the 2020 Budget on your business and finances, contact your Menzies Relationship Partner or contact Menzies.

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