Here is what has been rumoured to be announced by Chancellor Rishi Sunak today at 12:30pm:

Housing

A mortgage guarantee scheme will help home buyers purchase properties worth up to £600,000 with a deposit of just 5% with the government underwriting the other 95%.

Rishi Sunak could also reportedly extend the stamp duty holiday announced last summer on homes worth up to £500,000, currently due to run until the end of March.

Tax

Plans to begin to increase corporation tax from 19% to 23% by the next general election will reportedly be set out.

There are also reports that the chancellor will freeze income tax thresholds - a tactic which would not technically be a tax-raising measure but still drag employees into paying more as their salaries rise.

Business Support

The furlough scheme, which had been due to expire at the end of April, will be extended until the end of September - meaning wages for millions temporarily laid off due to the coronavirus continuing to be subsidised.

Another 600,000 people will also be eligible for grants, including many of the self-employed who previously missed out.

Hard-hit firms will be hoping for an extension to business rates relief and VAT cuts.

There will also be £520m to help businesses boost their software and training.

You can read more here: https://news.sky.com/story/budget-2021-what-measures-can-you-expect-to-see-in-rishi-sunaks-budget-this-week-12233356