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Preheat oven to 350 degrees. Grease an 8 inch round cake pan with 2 tbsp of butter.
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In a small bowl, whisk 1/2 cup sugar with the cinnamon and allspice.
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Sprinkle mixture evenly over bottom of pan, arrange cranberries in a single layer on top.
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Cream remaining 6 tbsp of butter and 1/2 cup of sugar until light and fluffy.
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Add egg and vanilla, beat until well mixed.
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In another bowl, whisk together flour, baking powder and salt. With mixer on low speed, add flour mixture to butter mixture, alternating with the milk.
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Spoon batter over cranberries in pan and smooth the top.
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Place pan on baking sheet and cook until toothpick comes out clean, about 30 to 35 minutes.
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Cool on wire rack for 20 minutes. Run a knife around edge and invert onto a rimmed platter.
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Enjoy!