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Spring Budget

An overview of the Chancellor's announcements.

  1. Resources
  2. Tax information

Download the Spring Budget 2021 (pdf)

Sunak sets out Budget to protect businesses

The main headlines.

Personal tax

Universal credit and mortgage guarantee scheme.

Income tax and personal savings

The new income tax rates / personal allowances.

Employment

Coronavirus support and apprenticeships.

National insurance

The new rates of NICs.

Minimum wage

The latest increases.

Tax and travel

Measures affecting vehicle-related tax and benefits.

Business

Coronavirus support and changes to corporation tax.

Capital taxes

Including changes to capital gains tax and inheritance tax.

Other matters

A round-up of miscellaneous announcements.

Duties

Alcohol, tobacco and fuel duties.

What they said

Reaction to the Chancellor's statement.

Latest business news

13 May 2021

Data finds HMRC received 91,000 calls to report fraud in first months of pandemic

Data published by insurer PfP has revealed that HMRC received 91,000 calls to report instances of fraud in the first nine months of the coronavirus (COVID-19) pandemic.
12 May 2021

UK economy shrank 1.5% in first quarter of 2021, data reveals

The UK economy shrank by 1.5% in the first quarter of 2021 as the country underwent a COVID-19 lockdown, according to the Office for National Statistics (ONS).
11 May 2021

Record level of Apprenticeship Levy funds expired in 2020, research finds

Research carried out by manufacturers' organisation Make UK has revealed that a record level of Apprenticeship Levy funds expired in 2020 without being spent by businesses.

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