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The government will maintain the income tax Personal Allowance and higher rate threshold and National Insurance contributions Upper Earnings Limit and Upper Profits Limit at their 2021-2022 levels up to and including 2025-20鈥�
A new 130% first-year capital allowance for qualifying plant and machinery assets; and a 50% first-year allowance for qualifying special rate assets.
The Recovery Loan Scheme supports access to finance for small and medium sized UK businesses, so they can grow and invest.
Corporate tax rates and small profits thresholds from 2023.
A list of the 45 towns who have been allocated funding as part of the Towns Fund.
The Terms of Reference were published at Budget 2021.
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