Press release

3 Mar 2021 London, GB

Entrepreneurs offered light relief, but tax breaks may soon be a thing of the past – EY comments

Victoria Price, EY Private Tax Partner, comments on tax breaks for entrepreneurs

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Victoria Price

UK&I EY Private Client Services Leader, Tax, Ernst & Young LLP

Member of EY UK Private leadership team. Partner Sponsor for EY Entrepreneur Of The Year in the North. Advocate of EY Foundation. Happy when in the gym, running and with my children.

Related topics Entrepreneurship Tax

Victoria Price, EY Private Tax Partner, comments on tax breaks for entrepreneurs:

“Today’s Budget provided some light relief for entrepreneurs, with the extension of the furlough scheme to the end of September 2021, the introduction of a new loan scheme to support businesses affected by the pandemic, and the extension of the Self Employed Income Support Scheme for another two quarters. However, the Chancellor’s comments around ending tax breaks for the self-employed in the future may signal a significant change in UK tax policy with tax treatment of employees and the self-employed possibly being equalised at some point.”