As the budget announcement on October 30th approaches, individuals and businesses alike are gearing up to understand how the upcoming financial plans will impact their economic landscape.
The Spring Budget was void of huge surprises, but we have summarised the key points for Small Businesses below so you have a short summary specific changes that may effect you:
The Chancellor, Jeremy Hunt, presented his Autumn Statement on 22 November 2023, focussing on five areas: reducing debt, cutting tax, and rewarding hard work, backing British business, building domestic and sustainable energy and delivering a world-class education.
The Chancellor, Jeremy Hunt, presented his Spring Budget on 15 March 2023.
A Brief overview of the Government's Mini-Budget
In response to the various concerns voiced with regard to the present cost of living crisis, the Chancellor, Rishi Sunak, announced a raft of support measures in Parliament 26 May 2022. This update summarises the grants and other financial support packages provided to counter these concerns.