Looking at this article the key part in my eyes is the comments from the monetary policy committee on growth. ‘It expects growth of 14 per cent in 2021, followed by 4 per cent in 2022.
This is a good positive read and like many other economists seem to expect a bounce back later this year and next based on a v-shaped recovery.
https://www.mortgagestrategy.co.uk/news/boe-talks-recession-keeps-rate-at-0-1
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| Tax Band | % | Taxable Sum | Tax |
|---|---|---|---|
| less than £500k | 0 |
£0 |
£0 |
| £500k to £925k | 5 |
£425,000 |
£21,250 |
| £925k to £1.5m | 10 |
£575,000 |
£57,500 |
| rest over £1.5m | 12 |
£3,500,000 |
£420,000 |
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