New Quick Poll: What impact will the delayed Budget have on you and your company?
19 November 2020
It was recently confirmed that a Budget would not be held until March 2021, which is the month prior to the commencement of the new tax year, 2021-22, on 6 April 2021.
The CIPP’s Policy and research team wanted to assess what impact this could potentially have on payroll professionals and more, broadly, businesses in general. A new Quick Poll has been published, which asks the question:
“Now that we have confirmation that a Budget will be delivered in March 2021, how significantly will the delay impact you and your company?”
We are conscious of the fact that payroll professionals are extremely busy at current, but the Quick Poll will take less than a minute to complete and will give the team valuable insight into how the delay to the delivery of the Budget is affecting payroll teams and companies.
It has also been confirmed that Chancellor of the Exchequer, Rishi Sunak, will be delivering a one-year spending review on 25 November 2020, so it may be the case that certain details are outlined then.
Information provided in this news article may be subject to change. Please make note of the date of publication to ensure that you are viewing up to date information. Download the CIPP's Payroll: Need to know - your guide to payroll legislation and reporting for the most up to date data.