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Budget 2020 

The recently appointed Chancellor, Rishi Sunak, delivered his first Budget on behalf of the Government on 11 March 2020. The Budget announcements reflect a number of the pledges made in the Conservative Party’s 2019 Election Manifesto (Manifesto), but has also clearly been shaped by concerns regarding, and against the backdrop of, the COVID-19 Coronavirus (COVID-19) outbreak.

A summary of the key Budget announcements for employers and employees is set out below.


Pensions Tax Relief