Autumn Budget Cancelled

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Autumn Budget Cancelled

Oct 20, 2020

The Autumn Budget has been cancelled, due to the economic impact of Coronavirus.

The Treasury confirmed it has shelved plans for its anticipated financial update, which usually takes place in October or November each year.

It is instead, focusing on the implications of the ongoing Coronavirus crisis.

This means that we will have to wait until the Chancellor’s Spring Statement in 2021, to see if there are any new changes likely to impact pensions, including tax relief.

More information will be posted in our news section, as soon as it is announced.

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