Spring Budget 2021: Personal
The key personal announcements made on 3 March 2021.
HMRC launches VAT deferral new payment scheme
Firms can pay equal consecutive monthly instalments from March 2021.
HMRC waives 5% late payment penalty
Payments should be made by 1 April 2021 to avoid fine.
Treasury delays business rates review
Report pushed back due to pandemic uncertainty.
HMRC confirms 12-month ‘soft landing’ for IR35
New reforms to go ahead as planned on 6 April.