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1. Covid-19

• An extra 拢1.65 billion cash injection to ensure the Covid-19 vaccination roll-out in England continues to be a success.
• 拢28 million to increase the UK鈥檚 capacity for vaccine testing, support for clinical trials and improve the UK鈥檚 ability to rapidly acquire samples of new variants of COVID-19.
• 拢22 million for a world-leading study to test the effectiveness of combinations of different Covid-19 vaccines. This will also fund the world鈥檚 first study assessing the effectiveness of a third dose of vaccine to improve the response against current and future variants of COVID-19.
• A further 拢5 million on top of a previous 拢9 million investment in clinical-scale mRNA manufacturing, to create a 鈥榣ibrary鈥� of vaccines that will work against Covid-19 variants for possible rapid response deployment.
• Extending 拢500 Test and Trace support payments in England until the summer.

2. Protecting jobs and livelihoods

• An extension of the Coronavirus Job Support Scheme to September 2021 across the UK.
• An extension of the UK-wide Self Employment Income Support scheme to September 2021, with 600,000 more people who filed a tax return in 2019-20 now able to claim for the first time.
• An extension to the temporary cut in Stamp Duty Land Tax in England and Northern Ireland until September will support the housing market and protect and create jobs.
• A new mortgage guarantee scheme will enable all UK homebuyers secure a mortgage up to 拢600,000 with a 5% deposit.
• 拢5 billion for new Restart Grants 鈥� a one off cash grant of up to 拢18,000 for hospitality, accommodation, leisure, personal care and gym businesses in England.
• A new UK-wide Recovery Loan Scheme to make available loans between 拢25,001 and 拢10 million, and asset and invoice finance between 拢1,000 and 拢10 million, to help businesses of all sizes through the next stage of recovery.
• Extension of the Film & TV Production Restart scheme in the UK, with an additional 拢300 million to support theatres, museums and other cultural organisations in England through the Culture Recovery Fund.
• Six-month extension of the 拢20 per week Universal Credit uplift in Great Britain, with the Northern Ireland Executive receiving additional funding to match the increase. A one-off payment of 拢500 to eligible Working Tax Credit claimants across the UK.
• Extension to the VAT cut to 5% for hospitality, accommodation and attractions across the UK until the end of September, followed by a 12.5% rate for a further six months until 31 March 2022.
• 750,000 eligible businesses in the retail, hospitality and leisure sectors in England will benefit from business rates relief.
• Extension of the apprenticeship hiring incentive in England to September 2021 and an increase of payment to 拢3,000.
• 拢7 million for a new 鈥渇lexi-job鈥� apprenticeship programme in England, that will enable apprentices to work with a number of employers in one sector.
• Additional 拢126 million for 40,000 more traineeships in England, funding high quality work placements and training for 16-24 year olds in 2021/22 academic year.

• More than doubling the legal limit for single contactless payments, from 拢45 to 拢100

• 拢10 million to support veterans with mental health needs across the UK.
• 拢19 million to tackle domestic abuse in England and Wales, with funding for a network of 鈥楻espite Rooms鈥� to support homeless women and a programme to prevent reoffending.
• 拢90 million funding to support our government-sponsored national museums in England due to the financial impact of Covid-19.
• 拢300 million for major spectator sports, supporting clubs and governing bodies in England as fans begin to return to stadia.
• Small and medium-sized employers in the UK will continue to be able to reclaim up to two weeks of eligible Statutory Sick Pay (SSP) costs per employee from the Government.
• To further support the cashflow of businesses, the government is extending the loss carry back rules worth up to 拢760,000 per company.
• 拢100 million for a new Taxpayer Protection Taskforce to crack-down on COVID fraudsters who have exploited UK Government support schemes.

3. Strengthening the public finances

• Maintaining the income tax Personal Allowance and higher rate threshold from April 2022 until April 2026.
• To balance the need to raise revenue with the objective of having an internationally competitive tax system, the rate of Corporation Tax will increase to 25%, which will remain the lowest rate in the G7. In order to support the recovery, the increase will not take effect until 2023. Businesses with profits of 拢50,000 or less, around 70% of actively trading companies, will continue to be taxed at 19% and a taper above 拢50,000 will be introduced so that only businesses with profits greater than 拢250,000 will be taxed at the full 25% rate.
• Maintaining inheritance tax thresholds at their current levels until April 2026.
• Fuel duty will be frozen for the 11th consecutive year.
• Alcohol duties will be frozen across the board for the second year running saving drinkers 拢1.7 billion.
• Capping the amount of SME payable R&D tax credit that a business can receive in any one year at 拢20,000 (plus three times the company鈥檚 total PAYE and NICs liability).
• Maintaining the Lifetime Allowance at its current level of 拢1,073,100 until April 2026.
• The adult ISA annual subscription limit for 2021-22 will remain unchanged at 拢20,000.

4. An investment-led recovery

• Beginning April 2021, the new super-deduction will cut companies鈥� tax bill by 25p for every pound they invest in new equipment. This is worth around 拢25 billion to UK companies over the two-year period the super-deduction will be in full effect.
• Eight new English Freeports will be based in East Midlands Airport, Felixstowe & Harwich, Humber, Liverpool City Region, Plymouth, Solent, Thames and Teesside.
• The 拢375 million UK-wide 鈥楩uture Fund: Breakthrough鈥� will invest in highly innovative companies such as those working in life sciences, quantum computing, or clean tech, that are aiming to raise at least 拢20 million of funding.
• Reforms to the immigration system will help ambitious UK businesses attract the brightest and best international talent.
• A new Help to Grow scheme to offer up to 130,000 companies across the UK a digital and management boost.
• 拢2.8 million to support a UK and Ireland bid to host the 2030 World Cup and 拢25 million investment in UK grassroots sports, enough for around 700 new pitches.
• Launching a review of Research & Development tax reliefs to make sure the UK remains a competitive location for cutting-edge research.
• 拢20 million to fund a UK-wide competition to develop floating offshore wind demonstrators and help support the government鈥檚 aim to generate enough electricity from offshore wind to power every home by 2030.
• 拢68 million to fund a UK-wide competition to deliver first-of-a-kind long-duration energy storage prototypes that will reduce the cost of net zero by storing excess low carbon energy over longer periods.
• 拢4 million for a biomass feedstocks programme in the UK to identify ways to increase the production of green energy crops and forest products that can be used for energy.
• Publication of the the government鈥檚 鈥楤uild Back Better: our plan for growth鈥�.
• Over 拢1 billion funding for a further 45 towns in England through the Towns Fund, supporting their long-term economic and social regeneration as well as their immediate recovery from the impacts of COVID-19.
• 拢135 million to progress A66 Trans-Pennine upgrade.
• 拢28 million to fund the Queen鈥檚 Platinum Jubilee celebrations in 2022, delivering a major celebration for the UK.
• Plans for at least 拢15 billion of green gilt issuance in the coming financial year, to help finance critical projects to tackle climate change and other environmental challenges, fund important infrastructure investment, and create green jobs across the UK.
• 拢150 million Community Ownership Fund will allow communities across the UK to invest to protect the assets that matter most to them such as pubs, theatres, shops, or local sports clubs.
• 拢18.8 million to transform local cultural projects in Hartlepool, Carlisle, Wakefield and Yeovil.
• Publication of the prospectus for the 拢4.8 billion UK-wide Levelling Up Fund, providing guidance for local areas on how to submit bids for the first round of funding starting in 21-22.

5. Scotland, Wales and Northern Ireland

• Individuals and businesses in Scotland, Wales and Northern Ireland continue to be supported by the UK Government through the Coronavirus Job Retention Scheme, self-employment grants, loan schemes and VAT cuts. Devolved administrations have received Barnett funding to provide support in areas of devolved responsibility.
• The Budget confirms an additional 拢2.4 billion for the devolved administrations for 2021-22 through the Barnett formula. This is an additional 拢1.2 billion for the Scottish Government, 拢740 million for the Welsh Government, 拢410 million for the Northern Ireland Executive.
• The devolved administrations will also receive 拢1.4 billion of funding in 2021-22 outside the Barnett formula.
• 拢27 million in the Aberdeen Energy Transition Zone and 拢5 million in the Global Underwater Hub in Scotland, the first stage in delivering the North Sea Transition Deal.
• Three Growth Deals in Scotland 鈥� Ayrshire, Argyll & Bute, and Falkirk 鈥� will receive funding more quickly.
• 拢4.8 million to support the development of a demonstration hydrogen hub in Holyhead, Anglesey.
• Up to 拢30 million for the Global Centre for Rail Excellence in Wales.
• Three City and Growth Deals 鈥� in North-Wales, Mid-Wales and Swansea Bay 鈥� will receive funding more quickly.
• Northern Ireland will benefit from the Corporation Tax exemption for the Northern Ireland Housing Executive, Northern Ireland鈥檚 biggest landlord.
• Almost half of the 拢400 million New Deal for Northern Ireland funding has been allocated, subject to business cases, to: new systems for supermarkets and small traders to manage new trading arrangements; building greater resilience in medicine supply chains; promoting Northern Ireland鈥檚 goods and services overseas; and supporting skills development.
• 拢5 million to extend the Tackling Paramilitary Programme in 2021-22.