Collection

Budget 2021 tax-related documents

All HMRC tax related documents and other announcements for Budget 2021.

• From: HM Revenue & Customs
• Published: 3 March 2021

The Chancellor of the Exchequer, the Rt Hon Rishi Sunak MP, delivered his Budget 2021 to Parliament on 3 March 2021. Full details of all announcements, supporting documents and information are available from:

• Budget 2021 - full details of announcements
• Overview of tax legislation and rates (OOTLAR) - a list of the tax policy measures announced
• Impact definitions - in the tax information and impact notes
• Finance Bill 2021 - supporting documents

Measures with immediate effect from 3 March 2021

• Repeal of provisions relating to the Interest and Royalties Directive
  • 3 March 2021
  • Policy paper
• New temporary tax reliefs on qualifying capital asset investments from 1 April 2021
  • 3 March 2021
  • Policy paper

Tax information and impact notes

• Administrative amendment to Vehicle Excise Duty expensive car supplement
  • 3 March 2021
  • Policy paper
• Air Passenger Duty rates from 1 April 2022 to 31 March 2023
  • 3 March 2021
  • Policy paper
• Amending HMRC’s Civil Information Powers
  • 3 March 2021
  • Policy paper
• Amendment to Customs and Excise review and appeals legislation
  • 3 March 2021
  • Policy paper
• Capital Gains Tax relief for gifts of business assets
  • 3 March 2021
  • Policy paper
• Change to the Diverted Profits Tax rate from 1 April 2023
  • 3 March 2021
  • Policy paper
• Changes to Landfill Tax rates from 1 April 2021
  • 3 March 2021
  • Policy paper
• Changes to rates for the Climate Change Levy for 2022 to 2023 and 2023 to 2024
  • 3 March 2021
  • Policy paper
• Changes to Schedule 3 of Customs and Excise Management Act (CEMA) 1979 for seizure in situ
  • 3 March 2021
  • Policy paper
• Changes to Statutory Parental Bereavement Pay and Optional Remuneration Arrangements for Income Tax and National Insurance contributions
  • 3 March 2021
  • Policy paper
• Changes to the hybrid and other mismatches regime for Corporation Tax
  • 3 March 2021
  • Policy paper
• Changes to the reform of loss relief rules for Corporation Tax
  • 3 March 2021
  • Policy paper
• Consolidation of Rates into Finance Bill 2021 for Tobacco Duty
  • 3 March 2021
  • Policy paper
• Corporation Tax charge and rates from 1 April 2022 and Small Profits Rate and Marginal Relief from 1 April 2023
  • 3 March 2021
  • Policy paper
• Designation of Freeport tax sites
  • 3 March 2021
  • Policy paper
• Easement for employer provided cycles exemption
  • 3 March 2021
  • Policy paper
• Enhanced capital allowance for plant and machinery in Freeports
  • 3 March 2021
  • Policy paper
• Enhanced Structures and Buildings allowances in Freeports
  • 3 March 2021
  • Policy paper
• Enterprise Management Incentives extension of time-limited exception to working time requirements
  • 3 March 2021
  • Policy paper
• Exemption from Corporation Tax for Northern Ireland Housing Executive
  • 3 March 2021
  • Policy paper
• Extension of Making Tax Digital for VAT
  • 7 September 2021
  • Policy paper
• Extension of the Social Investment Tax Relief
  • 3 March 2021
  • Policy paper
• Extension of the temporary increase to the Stamp Duty Land Tax nil rate band for residential properties
  • 3 March 2021
  • Policy paper
• Extension to the Income Tax and National Insurance contributions exemption for employer provided and employer-reimbursed coronavirus antigen tests
  • 3 March 2021
  • Policy paper
• Extension to the temporary Income Tax and National Insurance contribution exemption for home-office expenses
  • 3 March 2021
  • Policy paper
• Gross gaming yield increase for Gaming Duty
  • 3 March 2021
  • Policy paper
• Heavy goods vehicle levy suspension
  • 3 March 2021
  • Policy paper
• Inheritance Tax nil rate band and residence nil rate band thresholds from 6 April 2021
  • 3 March 2021
  • Policy paper
• Income Tax and coronavirus (COVID-19) support scheme: working households receiving tax credits
  • 3 March 2021
  • Policy paper
• Income Tax changes to benefit charges for vans and the fuel benefit charge for cars and vans
  • 3 March 2021
  • Policy paper
• Income Tax exemption for financial support payments made to potential victims of modern slavery and human trafficking
  • 3 March 2021
  • Policy paper
• Income Tax exemption for employer-reimbursed coronavirus antigen tests
  • 3 March 2021
  • Policy paper
• Income Tax Personal Allowance and the basic rate limit from 6 April 2022 to 5 April 2026
  • 3 March 2021
  • Policy paper
• Interest harmonisation and penalties for late submission and late payment of tax
  • 6 March 2024
  • Policy paper
• Introduction of a new reduced rate of VAT for hospitality, holiday accommodation and attractions
  • 3 March 2021
  • Policy paper
• Introduction of Plastic Packaging Tax from April 2022
  • 20 July 2021
  • Policy paper
• Legislating for the VAT deferral new payment scheme and deterrent
  • 3 March 2021
  • Policy paper
• Maintaining the annual exempt amount for Capital Gains Tax
  • 3 March 2021
  • Policy paper
• New tax checks on licence renewal applications in England and Wales
  • 3 March 2021
  • Policy paper
• Northern Ireland Steel Import Duty
  • 3 March 2021
  • Policy paper
• Off-payroll working rules from April 2021
  • 3 March 2021
  • Policy paper
• Oil and Gas Taxation qualifying decommissioning expenditure
  • 3 March 2021
  • Policy paper
• Powers to amend interpretation and other provisions relating to banks
  • 3 March 2021
  • Policy paper
• Reform of red diesel entitlements
  • 29 November 2021
  • Policy paper
• Repeal of provisions relating to the Interest and Royalties Directive
  • 3 March 2021
  • Policy paper
• Reporting rules for digital platforms
  • 20 July 2023
  • Policy paper
• Restoring plant and machinery leases to pre COVID-19 treatment
  • 3 March 2021
  • Policy paper
• Setting the standard Lifetime Allowance from 2021 to 2022 to 2025 to 2026
  • 3 March 2021
  • Policy paper
• Stamp Duty Land Tax relief for Freeports
  • 3 March 2021
  • Policy paper
• Tax deductibility of business rates repayment
  • 3 March 2021
  • Policy paper
• Technical changes to make sure off-payroll working legislation operates as intended
  • 3 March 2021
  • Policy paper
• Temporary extension to carry back of trading losses for Corporation Tax and Income Tax
  • 3 March 2021
  • Policy paper
• Temporary increase in annual investment allowance for plant and machinery
  • 3 March 2021
  • Policy paper
• Updates to tax charges when a person is no longer eligible to Self-Employment Income Support Scheme payments
  • 3 March 2021
  • Policy paper
• Updates to taxation of the Self-Employment Income Support Scheme grants for Income Tax
  • 3 March 2021
  • Policy paper
• Vehicle Excise Duty rates for cars, vans, motorcycles and trade licences from April 2021
  • 3 March 2021
  • Policy paper

Other HMRC budget-related documents

• Extended Loss Carry Back for Businesses
  • 4 April 2022
  • Policy paper
• Follower Notices and penalties
  • 3 March 2021
  • Consultation outcome
• Making payments of interest or royalties to connected companies in the EU
  • 3 March 2021
  • Policy paper
• Penalties for late payment and interest harmonisation
  • 17 November 2023
  • Policy paper
• Penalties for late submission
  • 17 November 2023
  • Policy paper
• Reference Document for The Customs (Northern Ireland) (EU Exit) Regulations 2020
  • 16 April 2024
  • Statutory guidance
• Tackling promoters of tax avoidance
  • 3 March 2021
  • Consultation outcome

Published 3 March 2021