A summary of the Spring Statement 2022 and a round up of the significant measures announced in the two 2021 Budgets that may impact your finances.
Budget
The Spring Statement 23 March 2022
In his Spring Statement, Mr Sunak announced a 5p cut in fuel duty, an alignment of NI thresholds with personal tax allowance from July 2022, and promised a 1p cut in income tax, but not until April 2024.
What to expect from the Chancellor’s Spring Statement
What to expect from the Chancellor’s Spring Statement? A delay to NI increases or an increase in the NI threshold, uprating Universal Credit, cuts to VAT or energy levies on household fuel bills, a cut in fuel duty?
Autumn Budget 2021 Summary
You can find a summary of the Autumn Budget 2021 here, together with details of the tax rates effective from April 2022.
Autumn Budget 2021 update
What did the Chancellor’s Autumn Budget 2021 Speech hold for business owners? We take a look at the headlines.
Autumn Budget 2021 what we know so far
What do we know so far about the Autumn Budget 2021? The spending announcements, the expected cuts and the possible tax changes.
Rishi Sunak and Capital Gains Tax
Did Rishi Sunak’s Conservative Conference speech give any clues about his plans for Capital Gains Tax?
Residential Property Developer Tax Draft Legislation
Government releases draft legislation on Residential Property Developer Tax for technical consultation. Clarifies definitions of residential property and associated activities.
Capital Gains Tax speculation
Conspicuous by its absence in the Budget, speculation continues on the possible changes ahead for Capital Gains Tax. What has the Office of Tax Simplification recommended so far?
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