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Spring Budget

An overview of the Chancellor's announcements.

  1. Resources
  2. Tax information

Sunak sets out Budget to protect businesses

The main headlines.

Personal tax

Universal credit and mortgage guarantee scheme.

Income tax and personal savings

The new income tax rates / personal allowances.

Employment

Coronavirus support and apprenticeships.

National insurance

The new rates of NICs.

Minimum wage

The latest increases.

Tax and travel

Measures affecting vehicle-related tax and benefits.

Business

Coronavirus support and changes to corporation tax.

Capital taxes

Including changes to capital gains tax and inheritance tax.

Other matters

A round-up of miscellaneous announcements.

Duties

Alcohol, tobacco and fuel duties.

What they said

Reaction to the Chancellor's statement.

The latest news

14 Apr

HMRC contacting claimants for fourth self-employed grant

HMRC has confirmed it will be contacting potential claimants for the fourth Self-employment Income Support Scheme (SEISS) grant this month.

13 Apr

UK economy improved in February despite lockdown

The UK economy returned to modest growth in February despite the country being under lockdown but remains sharply below its pre-pandemic peak, according to the Office for National Statistics (ONS).

12 Apr

UK cuts electric vehicle grants by £500

The government has cut the Plug-in Car Grant and Van & Truck Grant by £500 and lowered the pricing cap on qualifying electric vehicles.