The Spring Budget 2023 Guide

March 16, 2023

With the Spring Budget just recently announced by Chancellor Jeremy Hunt, we have put together a summary to highlight the key points that may affect you and your business.

In his first Budget to Parliament, the Chancellor set out a plan to halve inflation, grow the economy and get debt falling all whilst encouraging the unemployed back into work by overcoming obstacles faced by age disability or gender.

Our summary will cover the following areas:

  • Cost of living support for individuals and households
  • Income tax – summary of rates and allowances
  • Capital gains tax
  • Inheritance tax
  • VAT
  • Business taxes
  • Employment taxes
  • Corporate taxes
  • Venture capital schemes.

 

You will also know that there are 3 weeks until the end of the tax year, so please take a look at our checklist included within the summary, and get in touch if you would like to know more about a Budget matter or recommended pre-5 April planning.

 

Loader Loading...
EAD Logo Taking too long?

Reload Reload document
| Open Open in new tab

Download here! [1.35 MB]

You May Also Like…

HMRC Helplines to close again

After the trial last Summer, HMRC has announced an even longer and far-reaching closure of its telephone helplines...

Spring Budget 2024

Following the recent announcement of the Spring Budget by Chancellor Jeremy Hunt, we've curated a concise summary...