The Official Budget 2021 thread

[jamesbrown]

50k profits or less - small profits and at current rate LoL

[jamesbrown]

Full 25% on profits over 250k.

[AtW]

One more thing...

[quackhandle]

Did he really just say "business friendly" ?

qh

[AtW]

Full 25% on profits over 250k.

Like before the taper will go up much quicker than one would hope

[AtW]

Super deduction!

When spending 2 mln quid or more

[scruti]

Businesses earning less than £250k seems will get the first £50k at the current rate.
Did I understand right?

[d000hg]

Did he really just say "business friendly" ?

qh

Compared to the alternatives, seems like it. If you look at things dispassionately rather than only if you will end up better off. Got to get the money somewhere.

[jamesbrown]

Like before the taper will go up much quicker than one would hope

Even if it doesn't, 250k is a tiny business.

[d000hg]

Super deduction!

When spending 2 mln quid or more

Yes it's aimed at proper businesses not your new coffee machine