{"id":9235,"date":"2017-03-08T14:13:59","date_gmt":"2017-03-08T14:13:59","guid":{"rendered":"http:\/\/freeonlinetranslators.net\/news\/english\/budget-2017-2bn-for-social-care-and-tax-rise-for-self-employed\/"},"modified":"2017-03-08T14:13:59","modified_gmt":"2017-03-08T14:13:59","slug":"budget-2017-2bn-for-social-care-and-tax-rise-for-self-employed","status":"publish","type":"post","link":"https:\/\/freeonlinetranslators.net\/news\/english\/budget-2017-2bn-for-social-care-and-tax-rise-for-self-employed\/","title":{"rendered":"Budget 2017: \u00a32bn for social care and tax rise for self-employed"},"content":{"rendered":"<figure>                                  <img decoding=\"async\" alt=\"Chancellor Philip Hammond\" src=\"http:\/\/ichef-1.bbci.co.uk\/news\/320\/cpsprodpb\/15DB3\/production\/_95032598_de23-1.jpg\"\/>Image copyright                  HoC                                                    <\/figure>\n<p class=\"caps\">Chancellor Philip Hammond has announced an extra \u00a32bn for under-pressure social care services in England in the Budget.<\/p>\n<p>Mr Hammond also promised to help firms hit by business rate rises - but increased national insurance bills for many self-employed people.<\/p>\n<p>On the economy he said growth was expected to be higher - and borrowing lower - than forecast in November. <\/p>\n<p>Labour leader Jeremy Corbyn said it was &quot;a Budget of utter complacency about the state of our economy&quot;.<\/p>\n<ul>\n<li>Budget Live: Rolling text and video coverage<\/li>\n<li>At-a-glance summary: Budget key points<\/li>\n<li>Analysis: &#039;Spreadsheet Phil&#039;s&#039; cautionary tale<\/li>\n<li>10 charts that show what\u2019s gone wrong with social care<\/li>\n<\/ul>\n<p>The government has been under pressure to offer more resources for social care budgets, with the Local Government Association warning the entire system stands on the &quot;brink of collapse&quot; without an immediate cash injection and a commitment to a long-term solution.<\/p>\n<p>Mr Hammond acknowledged the system was under pressure with an ageing population, and said the new \u00a32bn for services in England would allow councils to &quot;act now to commission new care packages&quot;.<\/p>\n<p>He also said the government would set out the options for long-term funding of the social care system later in the year - although these would not include a &quot;death tax&quot;.<\/p>\n<p>Other announcements included:<\/p>\n<ul>\n<li>An extra \u00a3325m for NHS reform programmes<\/li>\n<li>Transport spending of \u00a390m for the north of England and \u00a323m for the Midlands to address &quot;pinch points&quot; on roads<\/li>\n<li>\u00a3270m for maintenance of existing schools<\/li>\n<li>Extending free transport to all free school meals pupils who attend selective schools<\/li>\n<li>No change to previously-planned upratings of duties on alcohol and tobacco<\/li>\n<li>Additional funding of \u00a3350m for the Scottish government, \u00a3200m for the Welsh government and almost \u00a3120m for the Northern Ireland Executive<\/li>\n<\/ul>\n<p>It is expected to be the last Budget before the UK formally gives notice of its departure from the EU.<\/p>\n<p>Opening his statement, Mr Hammond said although the UK economy &quot;continued to confound the commentators with robust growth&quot;, the UK&#039;s deficit was still high, and productivity &quot;stubbornly low&quot;.<\/p>\n<p>He said the Office for Budget Responsibility had revised up its growth forecasts from 1.4% to 2% for 2017, and that borrowing would be \u00a316.8bn lower than previously forecast.<\/p>\n<p><strong>What do you want to know about the Budget? Send us your questions or ideas and a BBC journalist will investigate and answer the most popular.<\/strong><\/p>\n<figure>                                                                                                       Image copyright                  AFP\/Getty<figcaption>Image caption                                      The chancellor posed with his red box before leaving Downing Street to head to Parliament                              <\/figcaption><\/figure>\n<p>Use this form to ask your question: <\/p>\n<p>If you are reading this page on the BBC News app, you will need to visit the mobile version of the BBC website to submit your question on this topic. <\/p>\n<p>Mr Hammond had been under pressure, including from Conservative MPs, to announce help for businesses facing rates rises as a result of a revaluation.<\/p>\n<p>He announced a \u00a3300m &quot;discretionary fund&quot; to be used by councils to help companies that are badly hit, and a \u00a350-per-month cap on increases for firms facing the loss of small business relief.<\/p>\n<ul>\n<li>Ahmed: Treasury playing Eeyore<\/li>\n<li>Reality Check: Are taxes going up to 1986 levels?<\/li>\n<li>So, farewell then Spring Budget...<\/li>\n<\/ul>\n<p>In a further measure, he said 90% of pubs would be given a \u00a31,000 business rates discount.<\/p>\n<p>The chancellor also announced an increase in National Insurance rates for self-employed people, saying the disparity with the amount paid by employees &quot;undermines the fairness of our tax system&quot;.<\/p>\n<p>Class 4 National Insurance contributions will go up to 10% from 9% and to 11% in April 2019, he told MPs.<\/p>\n<p>Several spending announcements were made ahead of Mr Hammond&#039;s Commons statement.<\/p>\n<p>These include:<\/p>\n<ul>\n<li>A \u00a35m fund to mark the centenary of female suffrage next year<\/li>\n<li>An extra \u00a3500m for vocational and technical education in England<\/li>\n<li>A one-off \u00a3320m for 140 new schools in England, which could include grammars<\/li>\n<li>Measures to protect people who inadvertently end up subscribing for services after signing up for free trials<\/li>\n<li>Plans aimed at helping the North sea oil and gas industry<\/li>\n<li>\u00a3500m support for electric vehicles, robotics and artificial intelligence<\/li>\n<\/ul>\n<p>Responding to Mr Hammond, Labour leader Jeremy Corbyn said the Budget ignored the &quot;crisis facing our public services and the reality of daily life for millions of people in this country&quot;.<\/p>\n<p>Aside from the Budget, several previously-announced changes come into force in April, including an increase in the personal tax allowance to \u00a311,500, a new inheritance tax allowance, a rise in the annual ISA limit to \u00a320,000 and the introduction of a levy to fund apprenticeships.<\/p>\n<p><a rel='nofollow' href=http:\/\/www.bbc.co.uk\/news\/uk-politics-39196579 target=\"_blank\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Image copyright HoC Chancellor Philip Hammond has announced an extra \u00a32bn for under-pressure social care services in England in the Budget. Mr Hammond also promised to help firms hit by<\/p>\n","protected":false},"author":1,"featured_media":9236,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-9235","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-english"],"_links":{"self":[{"href":"https:\/\/freeonlinetranslators.net\/news\/wp-json\/wp\/v2\/posts\/9235","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/freeonlinetranslators.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/freeonlinetranslators.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/freeonlinetranslators.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/freeonlinetranslators.net\/news\/wp-json\/wp\/v2\/comments?post=9235"}],"version-history":[{"count":0,"href":"https:\/\/freeonlinetranslators.net\/news\/wp-json\/wp\/v2\/posts\/9235\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/freeonlinetranslators.net\/news\/wp-json\/wp\/v2\/media\/9236"}],"wp:attachment":[{"href":"https:\/\/freeonlinetranslators.net\/news\/wp-json\/wp\/v2\/media?parent=9235"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/freeonlinetranslators.net\/news\/wp-json\/wp\/v2\/categories?post=9235"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/freeonlinetranslators.net\/news\/wp-json\/wp\/v2\/tags?post=9235"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}