A detailed guide to all the tax announcements, reported by Tolley and LexisNexis®PSL Tax, with additional practitioner comment.
The chancellor of the exchequer Kwasi Kwarteng delivered his first fiscal statement outlining the government’s plans for growth (the Growth Plan) on Friday 23 September 2022. The Growth Plan ensures that the new prime minister Liz Truss could deliver on promises she had made during her campaign to become the leader of the Conservative Party. The statement which had been referred to by the press as a ‘mini-Budget’ was a far cry from the expected light-touch approach and more analogous to a regular Budget albeit without the usual Office for Budget Responsibility (OBR) scrutiny.
The chancellor hailed the Growth Plan as ‘a new approach for a new era’ setting a target of reaching a 2.5% trend growth rate by...
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A detailed guide to all the tax announcements, reported by Tolley and LexisNexis®PSL Tax, with additional practitioner comment.
The chancellor of the exchequer Kwasi Kwarteng delivered his first fiscal statement outlining the government’s plans for growth (the Growth Plan) on Friday 23 September 2022. The Growth Plan ensures that the new prime minister Liz Truss could deliver on promises she had made during her campaign to become the leader of the Conservative Party. The statement which had been referred to by the press as a ‘mini-Budget’ was a far cry from the expected light-touch approach and more analogous to a regular Budget albeit without the usual Office for Budget Responsibility (OBR) scrutiny.
The chancellor hailed the Growth Plan as ‘a new approach for a new era’ setting a target of reaching a 2.5% trend growth rate by...
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:
