The UK Chancellor, Rishi Sunak, delivered the latest UK Budget on 3 March 2021, the first since the UK completed its departure from the EU.
In this Blog, we reflect on the actual announcements made by the Chancellor and look ahead to future changes that could be on the horizon.
Despite all the rumours of potentially significant tax changes (see in particular my previous Blog), the Chancellor chose that now was not the right time to make material tax changes, especially with the economy still fragile and suffering from the impact of the Covid-19 pandemic. The following announcements may however be of interest to individuals and businesses in Switzerland: