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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 second Budget on Wednesday 3 March 2021.

Business

Highlighting Coronavirus measures, corporation tax, R & D, tax losses and business rates.

Capital Taxes

Highlighting capital gains tax and inheritance tax.

Employment

Highlighting Coronavirus support, National Insurance and off-payroll working.

Personal Tax

Highlighting income tax, savings and reliefs.

Other Matters

Highlighting various matters, including land and buildings taxes and the contactless payment card limit.

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Latest Business News

Fifth SEISS grant will be open to claims from late July

The online claims service for the fifth SEISS grant will be open from late July 2021.

HMRC's VAT Deferral New Payment Scheme to close this month

Businesses that deferred VAT payments last year have less than a month left to join online and pay in monthly instalments under the VAT Deferral New Payment Scheme.

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