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What a year! 2021 saw the government make many significant tax announcements as it aimed to revive the economy in the wake of the COVID-19 pandemic and the handing out of unprecedented levels of financial state aid. It was a year of total contrast for businesses and their owners.

While many businesses have struggled financially due to the pandemic and Brexit has forced a lot of real change, 2021 has also been a bumper year for many others, including certain, accountancy and financial services sectors and those buoyed up by business rates relief and bounce-back loans. 

What was hot, or not in 2021?

COVID-19

 Tax rises in both NICs and dividend tax rates

Making Tax Digital for Income Tax

Corporation Tax

Stamp Duty Land Tax

VAT 

Making Tax Digital (MTD) for VAT: new penalties

Off-Payroll Working for private sector

Off-Payroll Working for the public sector

CGT filing deadline

Brexit

Inflation

What else happened in 2021?

Finance Act 2021: tax update and rolling planner
Further measures & announcements in 2021, including Plastic Packaging Tax, Freeports and much more! 

What's hot for 2022?

Check out our Finance Bill 2022 tax update and rolling planner for full details and links.

 


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