Budget 2017 – key announcements… so far

by | Mar 8, 2017

The initial key announcements in today’s Spring Budget include: 

  • An additonal £2billion for social care
  • £435million extra help on business rates 
  • National Insurance to increase by 2% for self-employed workers by 2019  
  • Tax allowance on dividends to be cut
  • The National Living Wage will increase to £7.50 in April
  • We are stronger together ….. £350million for Scottish government, £200m for Welsh government, £120million for Northern Ireland
  • Minimum excise duty for cigarettes (new)
  • Funds to be available for 110 new free schools
  • Free transport to certain schools for pupils who are entitled to free school meals
  • T-Levels for students doing technical qualifications
  • £2,000 tax break for childcare

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