Budget 2021: Stamp duty, furlough, tax rises - here's what to expect in Chancellor Rishi Sunak's announcement

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'When would you raise taxes? You've said you would, but you won't say when' skynewsniall asks Shadow Chief Secretary to the Treasury Bridget Phillipson four times when Labour would introduce tax rises What to expect from Budget2021:

Plans to begin to increase corporation tax from 19% to 23% by the next general election will reportedly be set out.

There are also reports that the chancellor will freeze income tax thresholds - a tactic which would not technically be a tax-raising measure but still drag employees into paying more as their salaries rise.The furlough scheme, which had been due to expire at the end of April, will be extended until the end of September - meaning wages for millions temporarily laid off due to the coronavirus continuing to be subsidised.

Another 600,000 people will also be eligible for grants, including many of the self-employed who previously missed out.Already confirmed is a to help firms such as shops, pubs, clubs, gyms and hair salons hardest hit by the pandemic restrictions with grants of up to £18,000.Pubs have been among the worst hit sectorsThe £20-a-week temporary increase in universal credit is expected to be extended for a further six months.

 

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skynewsniall Keir_Starmer your policies simply aren’t working. Your shadow cabinet are lost in their shadows! UKLabour RODNEY!👇🏼

skynewsniall No answer funny that. They don’t have a clue they just belittle and moan but have no alternative 😡

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