Spring Budget

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

The Chancellor Rishi Sunak presented his first Budget on Wednesday 11 March 2020.
Highlighting income tax, savings and reliefs.
Highlighting corporation tax, R & D, business rates and SSP.
Highlighting National Insurance, off-payroll working and the Employment Allowance.
Highlighting capital gains tax and Entrepreneurs' Relief changes.
Highlighting various matters, including VAT and insolvency changes.

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Phipps Henson McAllister are registered to carry on audit work in the UK & Ireland and regulated for a range of investment business activities by the Institute of Chartered Accountants in England & Wales.

Details about our audit registration can be viewed at www.auditregister.org.uk for the UK and www.cro.ie/auditorsfor Ireland, under reference number EWC008449569.

This firm is not authorised under the Financial Services and Markets Act 2000 but we are able in certain circumstances to offer a limited range of investment services to clients because we are members of the Institute of Chartered Accountants in England and Wales. We can provide these investment services if they are an incidental part of the professional services we have been engaged to provide.