POST Online Media Lite Edition



 

UK budget 2020: As much money for fighting Wuhan coronavirus as needed

Christian Fernsby |
UK Chancellor Rishi Sunak said NHS will get the resources it requires whatever it needs, whatever it costs related to Wuhan coronavirus.

Article continues below



Topics: WUHAN    CORONAVIRUS    UK   

Other highlights of UK beudget 2020

£5bn emergency response fund for NHS and public services initially.

£6bn in new money for the NHS over this parliament separate to emergency fund.

Extra funding for taxman to secure money from tax evaders and avoiders aimed at securing £4.4bn of extra revenue for the health service.

Statutory sick pay available to those advised to self isolate even if they haven't presented with symptoms. More help for self employed or those in gig economy through £500m welfare boost and new £500m hardship fund.

Government to meet cost of providing statutory sick pay for up to 14 days for workers in firms with up to 250 employees.

Loans available to help small and medium sized businesses. Business rates abolished for retail, leisure or hospitality business with a rateable value below £51,000.

£3,000 cash grant to businesses eligible for small business rates relief.

Fuel, beer, wine and spirit duties all frozen to help a "thriving" private sector

Business rates discount for pubs at £5,000 this year only

National Insurance threshold to rise from £8,632 to £9,500 saving a typical employee £104 annually.

No VAT on tampon products from January one we have left the EU.


What to read next

Governor Wolf rejects Republican budget, releases emergency funding
Betsy DeVos' department to cut funds for Special Olympics, American history, native education
Budget will kick start Nepal's sluggish economy