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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 his 'Budget for Long Term Growth' on Wednesday 6 March 2024.

Highlighting income tax, savings, pensions and non-UK domiciled individuals.

Highlighting National Insurance, company cars and National Living Wage.

Highlighting Corporation Tax, Furnished Holiday Lettings and R & D.

Highlighting Capital Gains Tax and Inheritance Tax.

Highlighting VAT, Stamp Duty Land Tax and simplification measures.

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The government has published draft legislation to permanently cut business rates for retail, hospitality and leisure properties from 2026.

HMRC has warned landlords to disclose their earnings on self assessment tax returns.