Summary of Budget 2020: Key points at-a-glance - BBC News

in DLIKE5 years ago

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Chancellor Rishi Sunak has delivered his first Budget in the House of Commons, announcing the government's tax and spending plans for the year ahead.£5bn emergency response fund to support the NHS and other public services

  • Statutory sick pay will be paid to all those who choose to self-isolate, even if they don't have symptoms
  • Contributory Employment Support Allowance benefit claimants will be able to claim sick pay on day one, not after a week
  • £500m hardship fund to help vulnerable people
  • Firms with fewer than 250 staff will be refunded for sick pay payments for two weeks
  • Small firms will be able to access "business interruption" loans of up to £1.2m
  • Business rates in England will be abolished for firms in the retail, leisure and hospitality sectors with a rateable value below £51,000


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