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Spring Budget

A concise summary of the tax and non-tax measures announced in the Spring Budget.

Introduction

The Chancellor Rishi Sunak presented his first Budget on Wednesday 11 March 2020.

Personal Tax

Highlighting income tax, savings and reliefs.

Business Tax

Highlighting corporation tax, R & D, business rates and SSP.

Employment Taxes

Highlighting National Insurance, off-payroll working and the Employment Allowance.

Capital Taxes

Highlighting capital gains tax and Entrepreneurs' Relief changes.

Other Matters

Highlighting various matters, including VAT and insolvency changes.

Latest business news

Furlough scheme extended

On 5 November, Chancellor Rishi Sunak announced that as part of the new national lockdown the Coronavirus Job Retention Scheme (CJRS) has been extended until the end of March 2021.

05 Nov 2020

Increased support made available for the self employed

The government has increased the support available to self-employed workers and extended its emergency business loan schemes.

05 Nov 2020

Chancellor approves grants for businesses closed by lockdown

Chancellor Rishi Sunak has announced approved additional funding for cash grants to support businesses required to close in England due to the lockdown.

05 Nov 2020

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