What’s in the 2021 UK Autumn Budget?

Presented by

John Williams, head of wealth planning at Nedbank Private Wealth and Andrew Robins, partner at RSM UK.

About this talk

The pandemic has left the UK with record levels of national debt and the rising level of inflation has implications for the Bank of England and the government as the cost of servicing that debt grows. And although the increase in national insurance contributions is far from popular, on both sides of the parliamentary aisle, the additional £12 billion a year the change is expected to bring is welcome, as are the significant savings from the temporary halt to the triple lock on pensions. Previous budget announcements have been preceded by a flurry of calls to change two of the UK’s capital taxes – capital gains tax and inheritance tax – but no action has been taken. So what can we expect? John Williams, head of wealth planning at Nedbank Private Wealth, is joined by Andrew Robins, a partner in the private client team at RSM UK – a global provider of audit, tax and consulting services – to discuss the announcements from the dispatch box in Rishi Sunak’s Autumn Budget, along with the conclusions of the 2021 Spending Review. John and Andrew will seek to set out the key changes announced and detail what these mean for the individuals and families who file taxes in the UK.

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Nedbank Private Wealth is an award-winning boutique private bank, with an established track record of managing investment portfolios on a discretionary basis for discerning families, trustees and high net worth individuals.