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Spring Budget

An overview of the Chancellor's announcements.

The main headlines.

Universal credit and mortgage guarantee scheme.

The new income tax rates / personal allowances.

Coronavirus support and apprenticeships.

The new rates of NICs.

The latest increases.

Measures affecting vehicle-related tax and benefits.

Coronavirus support and changes to corporation tax.

Including changes to capital gains tax and inheritance tax.

A round-up of miscellaneous announcements.

Alcohol, tobacco and fuel duties.

Reaction to the Chancellor's statement.

Tweets by @SheardsAccts

12 Apr 2021

UK cuts electric vehicle grants by £500

The government has cut the Plug-in Car Grant and Van & Truck Grant by £500 and lowered the pricing cap on qualifying electric vehicles.