A global pandemic Covid-19: the UK tax consequences of restrictions on movement and how the costs of ongoing government support will be funded by UK taxpayers in the long term

Abstract The impacts of Covid-19 have been felt across the globe. Governments have grappled to try and contain the virus, restricting movement to protect their people and trying to protect their economy. Funding the support packages and the long-term effects of this pandemic will come from taxation. The UK government recently announced its latest budget, but was it as expected? It was widely speculated that there would be an increase in Capital Gains Tax but, with no mention in the Chancellor’s speech, is there still a risk of an imminent increase? Is there anything that can be done now in anticipation?