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Spring Statement 2022

A review of measures for UK businesses and individuals.

  1. News

Introduction

Chancellor Rishi Sunak presented his first Spring Statement on Wednesday 23 March 2022.

Personal tax

Income tax, savings and dividends.

Business tax

Making Tax Digital, Corporation Tax, capital allowances and R & D tax relief.

Employment taxes

National Insurance and NLW/NMW.

Capital taxes

Capital Gains Tax and Inheritance Tax.

Other Matters

VAT, Vehicle Excise Duty and Landfill Tax.

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Latest News

HMRC releases more details MTD for Income Tax

05 Sep 2022

HMRC has published more details on how Making Tax Digital for Income Tax (MTD for IT) will work for buy-to-let landlords and sole traders with qualifying income over £10,000.

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Ofgem raises energy price cap

05 Sep 2022

Average household energy bills will rise to £3,549 in October following the decision of energy regulator Ofgem to raise the price cap.

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Treasury Committee warns government against 'flying blind' with Emergency Budget

05 Sep 2022

The Treasury Committee has urged the government to provide assurance that it is not 'flying blind' into a potential Emergency Budget this September.

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