Budget 2020: NI threshold up but income tax rates frozen

Chancellor Rishi Sunak surprised many in his Budget by raising the threshold for National Insurance Contributions by nearly £1,000 from £8,632 to £9,500 although he left most income tax thresholds alone.

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Budget 2020: FSCS and FOS may be extended to Gib

The Government is launching a consultation which could see the Financial Services Compensation Scheme and the Financial Ombudsman Service extended to all Gibraltar financial firms selling to UK consumers and businesses.

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Budget 2020: JISA allowance jumps to £9,000

 

The Junior ISA and Child Trust Fund allowances will be increased from £4,368 to £9,000 from April in a move to help more young people save.

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Budget 2020: Full text of Chancellor's speech

This is the full text of Chancellor Rishi Sunak's first Budget speech delivered today in the House of Commons: 

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