23 March 2011 Budget

A Budget to generate growth, says Chancellor

Last year the spending cuts and the tax rises; this year renewal and recovery. That had long been the message offered by the Government in the approach to its second Budget, and the Chancellor, George Osborne was quick to assert the positive outlook of his statement. This, he announced, was the point at which he planned for the economy to move from "rescue" to "reform" and "from reform to recovery". The Budget, he argued, "would put fuel into the tank of the British economy", even though it would be "fiscally neutral across the period, neither raising tax nor offering giveaways".

Continue reading: Government strategy: a plan for growth

View the updated page on 2011/12 tax rates & allowances

Government strategy: a plan for growth

The Government has set out its vision for stimulating a broad-based recovery in the UK economy.

Business taxation

Following the Chancellor's Budget Statement we include below a detailed summary of the key changes.

Company cars

Following the Chancellor's Budget Statement we include below a detailed summary of the key changes.

Value added tax

VAT Budget updates

National insurance contributions

Following the Chancellor's Budget Statement we include below a detailed summary of the key changes.

Income tax and personal savings

Following the Chancellor's Budget Statement we include below a detailed summary of the key changes.

Capital taxes

Following the Chancellor's Budget Statement we include below a detailed summary of the key changes.

Excise duties

Following the Chancellor's Budget Statement we include below a detailed summary of the key changes.