The emergency budget speech was the first delivered by the new Chancellor, Kwasi Kwarteng on Friday 23rd of September. Whilst many believe the government is taking big but potentially risky steps to promote growth, the changes will impact many individuals and businesses.
We have published a table of the main rates and allowances as well as a summary of some of the measures that were announced including:
- reversal of the increased National Insurance rates
- cancellation of the Health and Social Care Levy
- cancellation of the additional dividend tax rates
- basic income tax rate cut and the abolition of the higher rate of tax
- cancellation of planned corporation tax increase
- increase in thresholds for Stamp Duty Land Tax
- repeal of the ‘off-payroll working’ measures
- confirmation of energy cost support packages
If you would like a copy of our summary and what the changes will mean for us individually and for the business sector, then submit your details in the form below along with your consent and we will email it to you.
We will, of course, be happy to discuss any of the points covered in the emergency budget with you, or anything else that you would like to discuss. Please just drop us a line or email us with any questions.
Just give us a call on 01273 963656 or 01444 716946, or email us.
Paige Collins
Managing Partner
