• Rachael Panteney

Budget 2021 Summary

Here is a summary of the main points, announced by Rishi Sunak on 3rd March 2021.

95% Mortgages available from April 2021

High Street lenders such as NatWest, HSBC, Barclays and Lloyd’s already confirmed with more to follow.

Stamp Duty Holiday extended

Purchases under £500,000 still stamp duty free until 30th June 2021. Then under £250,000 free until end of September 2021.

October 1st the Nil Rate Band returns to £125k.

Furlough extended until 30th September

Self Employed Grant now available to those who started businesses in 2019/20 tax year (nothing announced for LTD company directors)

£20 uplift in Universal Credit worth £1,000 a year to be extended for another six months

Working Tax Credit claimants will get £500 one-off payment

Minimum wage to increase to £8.91 an hour from April

No changes to rates of income tax, national insurance or VAT

Personal income tax allowance to be frozen at £12,570 from 2022 to 2026

Higher rate income tax threshold to be frozen at £50,270 from 2022 to 2026

No changes to inheritance tax or lifetime pension allowance or capital gains tax allowances

*This is designed to be a summary only. For the full budget please visit https://www.gov.uk/gov.../publications/budget-2021-documents*

Willow Tree Financial Services.

A6 Chaucer Business Park,

Dittons Road, Polegate.

East Sussex, UK.

BN26 6QH

01323 436680


The value of pensions and investments and the income they produce can fall as well as rise. You may get back less than you invested. Your home may be repossessed if you do not keep up repayments on your mortgage. 

The Financial Conduct Authority does not regulate Will Writing & Estate Planning.

Willow Tree Financial Services is a trading style of Rachael Panteney, an appointed representative of Quilter Financial Services Limited and Quilter Mortgage Planning Limited, which are authorised and regulated by the Financial Conduct Authority.

The information and content within this website is subject to the UK regulatory regime, and is therefore targeted at consumers based in the UK.

Privacy Policy

© 2020 by Willow Tree Financial Services. Proudly created by AMME.

Image Disclaimer: All images shown are for illustration purposes only and are not pictures of actual clients.

For reliable financial advice that is accessible to everyone; from mortgages to pensions, and everything in between.


We pride ourselves on our friendly and professional service and use our extensive market knowledge and experience to deliver a client-first approach, as standard.

Clicking the links below will depart you from the regulatory site of Willow Tree Financial Services. Neither Willow Tree Financial Services nor Quilter is responsible for the accuracy of the information contained within the linked site.

  • Facebook - White Circle
  • Instagram - White Circle