EY has appointed Hywel Ball to succeed Steve Varley in the firm’s top role, as EY UK & Ireland regional managing partner and UK chair, taking over on 1 July

Breaking the austerity approach of recent years, the Chancellor signalled a multibillion investment in research and development (R&D) and innovation at the Budget. Stuart Weekes, partner, and Caroline Hunt, director, corporate tax at Crowe, consider whether the tax measures go far enough to stimulate growth

Rishi Sunak’s first Budget failed to prioritise climate change with only limited tax breaks to invest in zero emission cars as coronavirus swept other global issues aside. Yvette Nunn, director of Berkeley Associates on a lost opportunity

As announced at Budget 2020, company car tax rates temporarily reduce to meet WLTP change, CO2 emission thresholds, and van and car benefit charges. Zak Jakubowski reports

The Budget saw the maximum employment allowance increase by £1,000 to £4,000 from April 2020, but the government has held firm on plans to restrict the relief to employers with a NICs' bill of under £100,000

From April 2020, the annual exemption for capital gains tax (CGT) will increase for individuals and trustees of settlements

The Budget set out an immediate change to the tax treatment of top slicing relief (TSR) on life insurance policy gains to reinstate the reduced personal allowance and remove the higher rate cliff edge

The Chancellor has announced that the 100% first year capital allowance for investments within Enterprise Zones will now remain available until at least 31 March 2021, a year longer than planned

The Chancellor used his first Budget to make further changes to the corporate intangible fixed assets (IFA) regime, bringing older well-established intellectual property rights within its scope to create a unified approach

The Chancellor has announced a restriction in the amount that companies making chargeable gains will be able to offset using carried-forward capital losses, which will now be cut to 50%

Chancellor Rishi Sunak announced changes to the climate change levy (CCL) to continue to rebalance the electricity to gas ratio

The Budget included confirmation the government and the UK Statistics Authority (UKSA) are to consult on a proposal to address the shortcomings of the Retail Prices Index (RPI) measure of inflation, which is widely viewed as flawed