Spring Budget

An overview of the Chancellor's announcements.

Sunak delivers Budget to meet 'challenging times'

The main headlines.

Personal tax

Pension changes and coronavirus support.

Income tax and personal savings

The new income tax rates / personal allowances.

Employment taxes

Changes to National Insurance, employer provided cars and the Employment Allowance.

Tax and Travel

Measures affecting vehicle-related tax and benefits.

Business tax

Changes to corporation tax and other measures for business.

Capital taxes

Including changes to Entrepreneurs' Relief.

Other matters

A round-up of miscellaneous announcements.

What they said

Reaction to the Chancellor's statement.

14 Jul 2020

UK economy shrank by almost a fifth under lockdown

The UK economy shrank by 19.1% in the three months to the end of May as the country struggled under the coronavirus (COVID-19) lockdown, according to the latest data from the Office for National Statistics (ONS).

Newswire

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