BudgetMar 19 2020

Guide to Budget 2020

pfs-logo
cisi-logo
CPD
Approx.60min
  • Explain the aims of Budget 2020
  • Identify tax changes made in the budget
  • Explain impact of Coronavirus on economy

Guide to Budget 2020

  • Explain the aims of Budget 2020
  • Identify tax changes made in the budget
  • Explain impact of Coronavirus on economy
pfs-logo
cisi-logo
CPD
Approx.60min
Search supported by

Introduction

By Ima Jackson-Obot
twitter-iconfacebook-iconlinkedin-iconmail-iconprint-icon

The challenge laid down to Chancellor Rishi Sunak for the budget this month was vast - even without the uncertainty and disarray brought on by Coronavirus.

For Budget 2020, the government decided to frame fiscal policy within two priorities.

The first was that the day to day government budget would be balanced within three years, the second that billions would be spent on infrastructure and other spending in the North of England, and that a target rate of growth would be above 2 per cent in normal times.

Tax also received some mentions.

The tapered annual allowance and the Junior Isa are among those where changes have been made.

This guide will look at the key changes that were made by chancellor Sunak, amid the threat of Coronavirus, which are relevant to adviser clients.

The guide is worth an indicative 60 minutes' CPD.

In this guide

Articles
CPD Questions
To reveal the CPD questions which accompany this guide, please sign in and read all of the articles below.