Mini Budget

The Chancellor Kwasi Kwarteng presented his 'Mini Budget' on 23 September 2022.
Changes to the Health and Social Care Levy.
Changes to the basic and additional rates of income tax.
Highlighting corporation tax, capital allowances, SEIS, CSOP and Investment Zones.
Changes to the residential SDLT bands.
A summary of the plans for business and households.
Highlighting IR35, benefits and duties.

06 Oct 2022

Government abandons plan to scrap 45p top rate of income tax

The government has abandoned its plan to abolish the top rate of income tax due to the negative reaction it has received.

06 Oct 2022

Chancellor outlines growth measures at Mini Budget

Chancellor Kwasi Kwarteng used the 2022 Mini Budget to announce a series of tax cuts for businesses and individuals.