Drawn from the BBC’s website.
Personal taxation, wages and debt
- The personal allowance threshold, the rate at which people start paying income tax at 20%, to rise from £11,850 to £12,500 in April – a year earlier than planned, and then rise in line with inflation
- National Living Wage increasing by 4.9%, from £7.83 to £8.21 an hour for workers over 25, from April 2019.
- Extending changes to the way self-employment status is taxed, from the public sector to medium and large private companies, from 2020.
- Extending the breathing space from legal action given to those facing repayment difficulties, from six weeks to 60 days.
- Investigation into a no-interest loan scheme for the financially vulnerable, similar to the Good Shepherd project in Australia.
Housing and benefits
- New partnerships with housing associations in England to deliver 13,000 homes
- Work allowances for universal credit to be increased by £1.7bn
- 2.4 million working families with children to benefit by £630 a year
- An extra £1bn to help welfare claimants transfer to the new consolidated benefit
- Chancellor insists controversial system is “here to stay”
- Confirmation of an extra £20.5bn for the NHS over the next five years
- A minimum extra £2bn a year for mental health services
- New mental health crisis centres, providing support in every accident and emergency unit in the country
- More mental health ambulances and a 24-hour mental health crisis hotline.
- An extra £700m for councils, for care for the elderly and those with disabilities
- £10m for air ambulances
- £10m for mental health care for veterans, to mark the centenary of the Armistice which brought World War One to an end
- A new tax on plastic packaging which does not contain 30% recyclable material
- No tax on takeaway coffee cups but to be reconsidered if the industry doesn’t make enough progress
- £60m for planting trees in England
- £10m to deal with abandoned waste sites
For more information, see the following report: BBC website – Resolution Foundation’s report