Breaking down the Budget

Rishi Sunak’s latest budget outlined further support to help businesses and improve the economy, but he also described how he intends to have much of the government debt potentially repaid.

At Locumkit, a company that provides locum management tools and specialises in optometry, we believe the budget is quite promising for small businesses and locums, with further support in the extension of the Job Retention Scheme and Self-Employed Support Schemes and an extension to the business rates relief.

The planned rise in Corporation Tax will not arrive until April 2023, so there is plenty of time to plan. Below we provide a brief summary of the key points from the budget that may be of interest to locums and employers in the optical trade.