Insights
Our experts provide their insights on the latest industry developments and share tips on accountancy and business matters.
24 March 2022
Rishi Sunak’s Spring Statement seeks to balance the books against a turbulent backdropThe Spring Statement 2022 was delivered against the backdrop of 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.
23 March 2022
Spring Statement 2022: Personal TaxesThe Spring Statement made positive announcements for some UK households who are facing an increased tax burden from 6 April 2022 due to the new 1.25% Health and Social Care Levy being applied via National Insurance.
23 March 2022
Spring Statement 2022: Corporation TaxThe Spring Statement was anticipated to be light on changes to Corporation Tax and in this regard the Chancellor delivered.
23 March 2022
Spring Statement 2022: Construction and Property IncentivesThere was nothing to get too excited about in the Spring statement, however, there was mention of some positive changes being considered for Capital Allowances, which will be developed further prior to the Autumn Budget in time to replace the super-deduction which runs through to April 2023.
23 March 2022
Spring Statement 2022: Innovation TaxesThe Chancellor’s spotlight continues to shine on the UK’s R&D tax relief system - and this is no surprise, as there is much that doesn’t add up.
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