We bring some highlights as below:

PAYE

National Insurance, a payroll tax, cut by 2p in the pound for employees and the self-employed

Duty

Freeze on alcohol duty, which had been due to end in August, to continue until February 2025

Transport and energy

Fuel duty frozen again, with the 5p cut in fuel duty on petrol and diesel, due to end later this month, kept for another year

Housing

Higher rate of tax paid on profits from selling property cut from 28% to 24%

Tax breaks for owners of holiday let properties scrapped

Stamp duty tax break when purchasing multiple properties in England or Northern Ireland to end in June

Business and investment

Threshold at which small businesses must register to pay VAT raised from £85,000 to £90,000 from April

Covid-era government loan scheme for small businesses extended until March 2026