In March 2022, we updated our 2022/23 tax card to reflect the changes announced by Chancellor Rishi Sunak in his Spring Statement.
The tax card is now available and can be accessed below.
The Spring Statement included measures to assist families and small businesses in dealing with inflation and increased expenses. Among the measures were a reduction in fuel duty, an increase in the National Insurance threshold, continuing business rates relief, and a boost to the employment allowance.
The Chancellor also promised a reduction in income tax and invited businesses to take part in reforming R&D tax credits and investment ahead of the Autumn Budget.