Chancellor Rishi Sunak today delivered his first Budget in the House of Commons. Amid a budget that was apparently positioned as the first in a trilogy of statements this year it has clearly had to undergo a series of rewrites and today became an emergency budget in all but name. So it’s understandable that tax has taken a backseat once again.
The chancellor pledged a £30bn fiscal stimulus to support businesses, vulnerable people and the NHS through COVID-19.
While the focus on environmental taxes was admirable it barely scratched the surface, and it would seem that more will, hopefully, follow in the autumn.