Balancing the books
This was the Chancellor’s third Budget speech and the first delivered outside the peak of the COVID-19 crisis. No doubt he and many others will have been heaving a huge sigh of relief that the OBR forecast for economic growth was much better than predicted in his last Budget announcement. The so-called 'economic scarring' from COVID-19 doesn't seem to be as bad as everybody feared - but we are clearly not out of the woods yet and there is still that huge COVID-19 bill to deal with.
In the special episode of Crowe Casts our Partners, Jane Mackay (Head of Tax) Laurence Field (Corporate and International Tax Partner), Rebecca Durrant (National Head of Private Clients) and Robert Janering (Corporate VAT Partner), discuss the impact the Chancellor's statement is likely to have on business and individuals.
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