Putting together a Budget during a pandemic, Rishi Sunak left many people wondering whether this would be the time he would put up taxes, or still be the generous Chancellor he has been so far throughout the crisis.

Largely it focused on the latter, with the extension of reliefs for those wanting to buy property and those on furlough or experiencing financial distress due to the pandemic.

However, there were tax rises coming - corporation tax has increased for larger companies, in a couple of years' time, and income tax bands have been frozen, effectively mounting to tax rises when wages do increase.

This guide aims to set out some of the changes in detail, and explain the implications. It is worth an indicative 60 minutes' CPD.