Chancellor Jeremy Hunt delivered his Autumn Statement on 17 November 2022, setting out proposals to address a £55bn gap in the UK’s finances, with half of that amount being raised through increased taxation.
The Chancellor of the Exchequer Jeremy Hunt delivered the government’s Autumn Statement on Thursday 17 November 2022.
These latest fiscal measures follow on from the emergency measures announced by the chancellor on 17 October 2022 which in a bid to reassure nervous markets reversed most of the former Chancellor Kwasi Kwarteng’s Growth Plan which was delivered on 23 September 2022.
In delivering the Autumn Statement the chancellor referenced the ‘unprecedented global headwinds’ which represent a significant challenge to the UK economy citing in particular the surge in energy prices exacerbated by the conflict in Ukraine. The government hopes that the Autumn Statement will achieve a fine balancing act of: assisting with...
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Chancellor Jeremy Hunt delivered his Autumn Statement on 17 November 2022, setting out proposals to address a £55bn gap in the UK’s finances, with half of that amount being raised through increased taxation.
The Chancellor of the Exchequer Jeremy Hunt delivered the government’s Autumn Statement on Thursday 17 November 2022.
These latest fiscal measures follow on from the emergency measures announced by the chancellor on 17 October 2022 which in a bid to reassure nervous markets reversed most of the former Chancellor Kwasi Kwarteng’s Growth Plan which was delivered on 23 September 2022.
In delivering the Autumn Statement the chancellor referenced the ‘unprecedented global headwinds’ which represent a significant challenge to the UK economy citing in particular the surge in energy prices exacerbated by the conflict in Ukraine. The government hopes that the Autumn Statement will achieve a fine balancing act of: assisting with...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
