Spring Budget

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

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

Highlighting income tax, savings and reliefs.

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

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

Highlighting capital gains tax and Entrepreneurs' Relief changes.

Highlighting various matters, including VAT and insolvency changes.

Job Support Scheme

The existing job support scheme, the furlough scheme, comes to an end on 31 October.

As part of the Winter Economy Plan the Self-Employment Income Support Scheme (SEISS) will be extended under the name SEISS Grant Extension.

The existing job support scheme, the furlough scheme, comes to an end on 31 October.

As part of the Winter Economy Plan the Self-Employment Income Support Scheme (SEISS) will be extended under the name SEISS Grant Extension.

As part of the Winter Economy Plan the government has announced options for deferred VAT and income tax self assessment payments.