Fiscal Statement 2022

Last week’s fiscal statement, the ‘mini-Budget’ that the Government insisted wasn’t, in fact, a Budget at all, came at 9:30am on Friday 23 September and brought with it some significant, unexpected and (in some cases) controversial measures.

Click here to read the full statement

 

The following personal announcements are covered:

  • Income Tax
  • National Insurance increase reversed
  • Dividends
  • Stamp duty
  • Universal Credit

 

The following business support announcements are covered:

  • Corporation tax rise cancelled
  • IR35 rules repealed
  • Low-tax investment zones
  • VAT
  • Capital investment
  • Banker bonus cap
  • Alcohol duties

 

The following energy support announcements are covered:

  • Energy price guarantee
  • Energy Bill Relief Scheme
  • Energy Markets Financing Scheme

 

Other announcements covered:

  • Research and development tax credits
  • Closing the office of Tax Simplification

Click here to read the full statement

 

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