We have seen high levels of government borrowing to get us through the coronavirus crisis.
This has prompted questions about the future of taxation, with an expectation that we'll get some answers in the autumn Budget.
But as Tony Wickenden explains in this video, it's now been suggested the Budget could be shelved.
Tony discusses recent reports that the chancellor Rishi Sunak is considering a delay to the autumn Budget, subject to the pressures the UK may well be facing in terms of local lockdowns, a spike in the number of coronavirus cases and the pressures on employment and the economy more generally.
He adds this means we may have to wait until next spring on issues such as the government's next steps on inheritance tax, and the current review into capital gains tax.
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