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National living wage to increase by 6.7%
Millions of low earners to see pay increases from April 2025.
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The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
Spring Budget 2021: Reactions
What the key industry groups have to say about the Chancellor’s Budget speech.Spring Budget 2021: Expectations
What does Chancellor Rishi Sunak have up his sleeve?Other announcements: SDLT holiday continues to end of June
Stamp duty, mortgage guarantees, late payment and duties.COVID-19 support: furlough and SEISS extended to September
Recovery loan scheme, restart grants and business rates.VAT: Hospitality discount extended
Reduced VAT rates, new penalties system, deferred payment scheme.Business: Corporation tax to rise to 25%
Tax changes, super deduction, loss relief and more.Personal: Income tax thresholds frozen until 2026
Rates and allowances, national living wage, NICs.Spring Budget 2021
Your Spring Budget 2021 report will appear here on 4 March 2021.1.6m UK firms supported by COVID-19 schemes
Majority of support has been provided through the bounce-back loan scheme.Sunak to unveil new mortgage scheme
Buyers will just need a 5% deposit on houses up to £600,000.