Lexis®PSL Tax and Private Client provide a summary of the key tax announcements made in the chancellor’s emergency statement and subsequent speech delivered to the House of Commons, on 17 October 2022 which unravelled most of the measures announced in the Growth Plan (the ‘mini-Budget’) on 23 September 2022. With practitioner comment and an additional timeline of recent announcements.
The chancellor of the exchequer Jeremy Hunt who was only appointed to that post on 14 October 2022 delivered an emergency statement on 17 October 2022. The statement brought forward a number of measures originally intended to be announced on 31 October 2022 in the Medium-Term Fiscal Plan (MTFP).
In his statement the chancellor announced ‘a reversal of almost all of the tax measures set out in the Growth Plan 2022 that have not been legislated for in parliament.’
The chancellor’s remarks were...
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Lexis®PSL Tax and Private Client provide a summary of the key tax announcements made in the chancellor’s emergency statement and subsequent speech delivered to the House of Commons, on 17 October 2022 which unravelled most of the measures announced in the Growth Plan (the ‘mini-Budget’) on 23 September 2022. With practitioner comment and an additional timeline of recent announcements.
The chancellor of the exchequer Jeremy Hunt who was only appointed to that post on 14 October 2022 delivered an emergency statement on 17 October 2022. The statement brought forward a number of measures originally intended to be announced on 31 October 2022 in the Medium-Term Fiscal Plan (MTFP).
In his statement the chancellor announced ‘a reversal of almost all of the tax measures set out in the Growth Plan 2022 that have not been legislated for in parliament.’
The chancellor’s remarks were...
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