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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.

National insurance

The new rates of NICs.

Minimum wage

The latest increases.

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.

Duties

Changes to alcohol and tobacco duties.

What they said

Reaction to the Chancellor's statement.

26 Feb 2021

SMEs needing advice on imports and exports can apply for grants, HMRC confirms

Small and medium-sized enterprises (SMEs) requiring advice on imports and exports will be able to apply for a grant of up to £2,000, HMRC has confirmed.

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