6th March - Spring Budget 2024 [Megathread]

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Inflation has fallen from 11% to 4%
VAT registration threshold increased from £85k to £90k
Alcohol duty frozen until Feb 2025
Fuel duty frozen for 12 months
Repayment period for loans increased from 12-24 months
End to £90 fee for debt relief orders
Permanent full expensing to be extended to leased assets
New "British" ISA will allow an additional £5k ISA allowance for the public to invest exclusively in the UK
Tax reliefs made permeant for performing arts sector
£3.4bn investment in NHS IT System Modernisation
New levy on vaping
Increase in tobacco duty
Increased Air Passenger duty for non-economy flights
Higher Rate Property Capital Gains tax reduced from 28% to 24%
Furnished Holiday Lettings Regime abolished
Stamp duty relief for people buying more than one dwelling is being abolished
Windfall tax on oil & gas extended until 2029
Non-dom status abolished and replaced with new scheme with 4-year limit
Child benefit charge to be moved to household system by 2026
Child benefit higher income charge increased to £60-80k with taper
Basic rate of NI Cut from 10% to 8% and for self-employed from 8% to 6%