![](https://static.wixstatic.com/media/08454a_b01f44aed99c40629e749dd71a003eaa~mv2.jpg/v1/fill/w_971,h_727,al_c,q_85,enc_auto/08454a_b01f44aed99c40629e749dd71a003eaa~mv2.jpg)
Chancellor Jeremy Hunt has cut workers' National Insurance from 10% to 8%
The higher rate of capital gains tax on residential property will be reduced from 28% to 24%.
Child Benefit Income threshold increased from £50,000 to £60,000 with the top of the taper at which it is withdrawn increased to £80,000.
Furnished holiday lettings relief set to be abolished
Increase in the VAT threshold for small businesses, from £85,000 to £90,000
Self employed national insurance cut from 8% to 6%
Non-Dom status is abolished with new arrivals to the UK being taxed on a worldwide basis after 4 years.
£1bn in additional tax relief for creative industries over the next five years
Comments