Daniel Grainge LLB (Hons) FCA CTA
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View all peoplePublished by Daniel Grainge on 30 March 2023
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Our 2023/24 tax card has been updated in March 2023 to reflect changes announced by Jeremy Hunt in his Spring Budget.
Chancellor Jeremy Hunt delivered a ‘Budget for Growth’ after the Office for Budget Responsibility forecast a stronger than expected performance from the UK economy this year with inflation continuing to fall.
There were certainly some big numbers and measures announced with wide ranging implications, from big increases in free childcare and full expensing of most capital expenditure for companies, to a significant increase in the pension annual allowance and scrapping the pension lifetime allowance. It will take time to see if these changes deliver the outcomes the Chancellor is looking to achieve.
Access our updated tax card here.
For more information about the announcements made within the spring budget, please visit our news section here.
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