“Getting it done” is the soundbite Chancellor Rishi Sunak clearly wanted us to take away from his debut Budget speech, but “giving it away” might be more accurate.
The Government’s substantial majority gave Sunak carte blanche to overhaul taxes but, in the end, there were relatively few substantial changes.
Instead, one announcement after another was made on investment in public services, roads and railways. With the coronavirus (COVID-19) high on the agenda, there were also emergency measures designed to provide respite for beleaguered businesses and to protect jobs.
Read our Spring Budget 2020 report or watch a short video of the headlines. Contents of the report include the following:
- Personal taxes
- Business
- VAT
- Duties
- Other announcements
As always, get in touch with us to discuss any of these issues.