551
We're not going to raise the rates of income tax, national insurance, or VAT.
Instead, we are freezing personal tax thresholds. Nobody’s take home pay will be less than it is now, as a result of this.
It is a tax policy that is progressive and fair. #Budget2021
552
A new policy to stand behind homebuyers: a mortgage guarantee.
Lenders who provide mortgages to home buyers who can only afford a 5% deposit, will benefit from a government guarantee on those mortgages. #Budget2021
553
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
554
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
555
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
556
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
557
Together with @OliverDowden we’re extending the Culture Recovery Fund and supporting our arts, culture and sporting institutions as they reopen.
We're introducing a new approach to apprenticeships in the creative industries, and extending the TV restart scheme. #HereForCulture
558
We’re providing new Restart Grants to help businesses reopen. #Budget2021
559
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
560
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
561
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
562
Watch #Budget2021 live now pscp.tv/w/cw4nijFQbUtx…
563
Watch #Budget2021 online at 12.30pm live after #PMQs.
We’ll also be streaming the Budget Press Conference later at 5pm.
564
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.
565
See you on Thursday👍 #MartinComeTalkToMe twitter.com/itvMLshow/stat…
566
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
567
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
568
We went big, we went early, and there’s more support to come. But there’s also a challenge we face as a country and I want to level with people about that challenge.
Read my interview with @FT this weekend: ft.com/content/ad974b…
569
Over the next few weeks I'm speaking to industry leaders and experts to hear how they've reacted to the pandemic.
It starts tomorrow with @GordonRamsay who sat down with me to talk about the challenges facing hospitality and how he launched a TV show in lockdown. #PlanForJobs
570
Exciting project which would create around 4,000 jobs in the factory alone and thousands more in the supply chain. #PlanForJobs twitter.com/andy4wm/status…
571
Growing up I never thought I would be in this job (mainly because I wanted to be a Jedi).
I'm honoured that on this day last year the PM asked me to serve as Chancellor.
It's been incredibly tough but thank you to everyone who has supported me along the way.
572
We're allowing companies to pause Bounce Back Loan repayments from their first repayment, rather than after six repayments are made.
This will mean that businesses can choose to make no payments on their loans until 18 months after they took them out. gov.uk/government/new…
573
A proud Yorkshire man.
A dedicated Army Officer.
A tireless fundraiser.
And above all, an inspiration to us all. Rest in peace Captain Tom. twitter.com/captaintommoor…
574
For clarity I was answering a question about mums - worth watching the full clip 👇 twitter.com/Emmabarnett/st…
575
Fantastic news this morning that since the Kickstart Scheme’s launch in September 2020, employers have created more than 120,000 job placements for young people who have been hardest hit by the economic impact of the pandemic.
Read more: gov.uk/government/new…
Prime Minister of the United Kingdom 🇬🇧
@Conservatives leader.
MP for Richmond (Yorks).