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CIMA

Spring Budget

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

  1. News

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

Chancellor announces £4.6 billion lockdown grant package

Chancellor Rishi Sunak has announced a new £4.6 billion package of grants to support businesses through the latest national lockdown.

06 Jan 2021

Extension of the Job Retention Scheme

Chancellor Rishi Sunak has extended the Coronavirus Job Retention Scheme (CJRS) until the end of April 2021.

06 Jan 2021

VAT deferral

HMRC has issued some guidance to taxpayers that deferred their VAT payments between 20 March and 30 June 2020 and still have payments to make.

06 Jan 2021

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