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Spring Budget

A concise summary of the tax and non-tax measures announced in the Spring Budget.

Chancellor Jeremy Hunt delivered a 'Budget for Growth'.

Highlighting income tax, savings, pensions and reliefs.

Highlighting National Insurance, company cars and EMI.

Highlighting corporation tax, capital allowances and R & D .

Highlighting capital gains tax and inheritance tax.

Highlighting childcare, Universal Credit and VAT.

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HMRC has reminded businesses that file VAT returns annually that the online VAT filing portal will close from 15 May 2023.

UK inflation has dropped, but remains in double-digit levels, as the cost-of-living crisis eased slightly in March.