Budgets and Acts

Here you will find summaries of the Chancellor's budget statements.

2024 Spring Budget 

  • Income Tax
  • Lump sum allowance
  • Lump sum and death benefit allowance
  • Annual allowance 
  • Money purchase annual allowance 
  • Tapered annual allowance 
  • National Insurance
  • Capital gains tax
  • Child benefit
  • Individual savings account (ISA)
  • Pensions lifetime provider 

2023 Autumn Statement

  • Income Tax
  • National Insurance
  • Lifetime allowance
  • Helping savers understand their pension choices: supporting individuals at the point of access: places duties on occupational pension scheme trustees
  • Ending the proliferation of small pots
  • Call for evidence Looking to the future: Great member security and rebalancing risk.
  • Long-term investment for technology and science  
  • Government response to options for defined benefit schemes
  • ISAs
  • ISA simplification

2023 Spring Budget

  • Income tax
  • National Insurance
  • Inheritance tax
  • Lifetime allowance
  • Annual allowance
  • Money purchase annual allowance
  • Tapered annual allowance
  • ISA
  • Health and disability white paper

2022 Autumn Statement

  • Income tax
  • National Insurance
  • Corporation tax
  • Inheritance tax
  • State pension
  • Lifetime allowance
  • Annual allowance
  • Money purchase annual allowance
  • Tapered annual allowance
  • ISA

The Growth Plan 2022

  • Income tax
  • National Insurance
  • Corporation tax
  • Stamp duty land tax
  • Regulatory charge cap

2021 Autumn Budget

  • Income tax
  • National Insurance
  • Net payment arrangement
  • Regulatory charge cap
  • Lifetime allowance
  • Annual allowance
  • Money purchase annual allowance
  • Tapered annual allowance
  • Public service pension reform remedy (McCloud)
  • State pension
  • Protection
  • Inheritance tax
  • ISAs

2021 Spring Budget

  • Furlough scheme
  • Income tax
  • Charge cap consultation
  • Long-term asset fund
  • Lifetime allowance
  • Annual allowance
  • Money purchase annual allowance
  • Tapered annual allowance
  • Inheritance tax
  • ISAs

2020 Spring Budget

  • Income tax
  • Call for evidence - Pension tax relief administration.
  • Annual allowance
  • Lifetime allowance
  • Money purchase annual allowance
  • Tapered annual allowance
  • ISAs