tax relief

Liberal Democrat business spokesperson Sarah Gibson agreed that Reeves' Budget had implemented "an unfair tax on jobs" and the government must offer tax relief for small businesses in June.

The fund – £4.387m for the 2025/26 financial year – will be used to help residents with food, for energy grants, council tax relief and aid for care leavers and other vulnerable groups.

While conservatives hail the Republicans’ budget plan as the “biggest tax cut in history” and say that President Donald Trump’s tax plan is necessary tax relief, Trump and his allies are working to execute an enormous transfer of wealth from working Americans to the wealthiest.

Separate legislation will be introduced to remove this tax relief, but plans to remove private schools' charitable status have been dropped.

She added that BT is "delighted" with tax relief on infrastructure investment in the Spring Statement and UK planning reforms.