1 July

  • The Stamp Duty Land Tax Nil Rate Band will be reduced to £250,000.
  • Employers must start making a 10 per cent contribution to the wages of furloughed employees under the Coronavirus Job Retention Scheme, on top of the regular pension and NIC contributions.
  • New 66% business rates relief system begins for eligible retail, hospitality and leisure properties. This is capped at £2 million per business for properties that were required to be closed on 5 January 2021, or £105,000 per business for other eligible properties.