Budget 2021 LIVE – Rishi RAISES corporation tax, freezes income and alcohol taxes, and extends furlough and stamp duty

RISHI Sunak has set out his Budget 2021 plan to help struggling families and keep British businesses afloat.

The Chancellor revealed extra help for 600,000 self employed people with grants of up to £7,500 and said furlough is to be extended until September.

He also revealed that hundreds of thousands of self-employed Brits, many of whom became self-employed in 2019-20, can now claim direct cash grants under the Self-Employment Income Support Scheme.

Previously they could only claim if they had filled in a recent tax return, which meant millions were shut out.

Rishi said the Government will give a fourth grant of up to £7,500 to the self-employed and a fifth one will come over the summer – in line with the furlough extension.

The Chancellor also extended the stamp duty holiday until June 30 as house prices rocketed 6.9 per cent year-on-year last month to a record high of £231,061 last month, new data shows.

£20 a week Universal Credit uplift in payments has also been extended for another six months for low income households.

You can watch the Budget here, live on this page, by clicking the video above and follow all the latest news, updates and analysis of what the Budget means for you on our live blog below…

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