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1/ The government is taking action that is coordinated, coherent and comprehensive on COVID-19.
This thread outlines some of the support in #Budget2020.
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In 2023 the rate of corporation tax, paid on company profits, will increase to 25%. Even after this change we’ll still have the lowest corporation tax rate in the G7.
We’ll also protect small businesses so only 10% of companies will pay the full higher rate #Budget2021
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Our priorities are your priorities and I won’t stop working until I’ve got them done:
➡️ Halve inflation
➡️ Grow the economy
➡️ Reduce debt
➡️ Cut waiting lists
➡️ Stop the boats
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I visited Dover today to speak to staff working day and night to stop the boats.
The Home Secretary @SuellaBraverman and I have introduced the Illegal Migration Bill so that people know if they come here illegally they can’t stay.
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🆕We’re fast-tracking our plans to scrap the reading tax. From tomorrow, VAT will no longer be paid on e-publications.
This could help slash the cost of e-books and newspapers making reading more accessible during the lockdown. gov.uk/government/new…
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The UK owes all ex-servicewomen and men a tremendous debt.
In my budget on Wednesday I’ll announce that employers will no longer pay National Insurance Contributions for ex-forces personnel for the first year of their work.
They do a job we help them get a job #Budget2020
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See below for a list of the businesses and venues that will be reopening from #4thofJuly.
Hopefully, I'll have a photo outside all of them by the end of the summer.
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Every local authority in England has now received the full amount of grant funding they need to support local businesses. Eligible businesses in the retail, hospitality or leisure sectors have started receiving cash grants up to £25,000.
More info here: businesssupport.gov.uk/cash-grant-for…
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This government will always act to protect the most vulnerable in our society.
That’s why we are supporting around eight million of the lowest income households, with three instalments of the £900 Cost of Living Payment over 2023-24. twitter.com/DWPgovuk/statu…
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When we said we’d do whatever it takes, we meant it.
This is the story of Furlough👇
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Today I pledged £500m every single year to tackle potholes.
That’s enough to fill 50 million potholes by the end of the Parliament. #Budget2020
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Cleaner energy. Cheaper energy. Creating jobs and growing the economy.
That is how we will power up Britain.
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Rest in peace Doddie Weir OBE.
All my family’s thoughts are with Kathy and her sons. twitter.com/mndassoc/statu…
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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
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We know that drug addictions drive around half of all burglaries and robberies, so supporting people in their recovery benefits everyone.
By improving treatment that diverts people from addiction into recovery we can also reduce pressure on the NHS and cut waiting lists. twitter.com/DHSCgovuk/stat…
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By noon today we’d already received 110,000 claims for our Self-Employed Income Support Scheme.
These grants will all be paid by the 25th. Check your eligibility here: gov.uk/guidance/claim…
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We’ll publish a consultation to ensure new privately-issued currencies, stablecoins, meet the high standards we expect of other payment methods.
And the @bankofengland & Treasury are considering if central banks can issue their own digital currencies, as a complement to cash.
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I will never let political correctness stand in the way of keeping you and your family safe.
#Ready4Rishi
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🔵 Helping parents with childcare costs
🔵 Extending support for energy bills
🔵 Supporting more people to find the jobs they want
Our Budget for Growth in 60 seconds👇
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Today we've announced a bold new plan to make the UK a beacon of science, technology, and innovation.
This will help deliver one of my five priorities to grow our economy – creating new jobs for decades to come. twitter.com/michelledonela…