Budget 2022
Spring Statement 2022
The Spring Statement on 23 March 2022 was delivered against a backdrop of the increasingly desperate conflict in Ukraine and, on domestic shores, an escalating cost of living crisis prompted by soaring inflation rates, a surge in energy costs, and disruption to supply chains following Brexit and the pandemic.
With households and businesses alike feeling the squeeze, the pressure was on Chancellor Rishi Sunak to balance the books whilst supporting those in need.
Our specialists have covered the key tax announcements, here.
Scottish Budget 2022/23
The focus of the 2022/23 Scottish Budget, delivered by Cabinet Secretary for Finance and Economy, Kate Forbes MSP, was on a "fairer, greener, more prosperous Scotland".
Coming less than a month after the UN Climate Change summit, COP26, in Glasgow, against a backdrop of the headline-dominating Omicron COVID-19 variant and the current cost of living crisis, it is no surprise that the Budget centred around plans to rebuild the economy and support businesses and individuals across Scotland, while also delivering on the Scottish Government's net zero ambitions.
Partner and Head of Tax
Susie Walker
Tax Partner and Head of Tax, Susie joined Johnston Carmichael in 2012 following 20 years with Bank of Scotland, HBOS and latterly Lloyds Banking Group, as Group Tax Director.
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