26
The new £500,000 nil rate band for #StampDuty won't end on 31st March, it will end on the 30th June. Then, to smooth the transition back to normal, the nil rate band will be £250,000, double its standard level, until the end of September. #Budget2021
27
To protect hospitality and tourism jobs, the 5% reduced rate of VAT will be extended for six months to 30th September. And even then, we won’t go straight back to the 20% rate. We’ll have an interim rate of 12.5% for another six months. #Budget2021
28
We’ll continue with the 100% business rates holiday through to the end of June. For the remaining nine months of the year, business rates will still be discounted by two thirds, up to a value of £2m for closed businesses. A £6bn tax cut for business. #Budget2021
29
As the Bounce Back Loan and CBIL schemes come to an end, we’re introducing a new Recovery Loan Scheme to take their place. #Budget2021
30
We’re providing new Restart Grants to help businesses reopen. #Budget2021
31
We’re taking what works to get people into jobs and making it better. Today we’re doubling the apprentice incentive payments we give businesses to £3,000 – that’s for all new hires, of any age. #Budget2021
32
Support for the self-employed will continue with a 4th grant covering February to April, and a 5th grant from May. As the tax return deadline has now passed, 600,000 more people, many of whom became self-employed last year, can now claim the 4th and 5th grants. #Budget2021
33
To protect the jobs and livelihoods of the British people through the remaining phase of this crisis, the furlough scheme will be extended until the end of September. #Budget2021
35
Watch #Budget2021 online at 12.30pm live after #PMQs. We’ll also be streaming the Budget Press Conference later at 5pm.
36
It’s budget day; probably not a great sign that the chancellor has asked to borrow a tenner to “see him through to the weekend” #Budget2021
37
Today, ahead of #Budget2021, I spoke to just some of the millions of people who've been impacted by coronavirus. Tomorrow, our Budget will set out a three-part plan to protect the jobs and livelihoods of the British people. Watch from 12.30pm.
38
One year ago I was preparing for my first ever Budget. A lot has happened since then, but the promises that underpin our plan remain unchanged. Watch below 👇 #Budget2021
39
This Wednesday, in a Budget first, I will be taking questions from the public and the press straight after my statement. Live from 5pm. #Budget2021
40
🧰 The Budget will take place on 3 March 2021 and will deliver the next phase of our plan to support our recovery from coronavirus and protect jobs. More: gov.uk/government/new… #Budget2021 #PlanForJobs