The Chancellor’s Autumn Statement, given on 17 November 2022, included a number of tax measures aimed at improving the government’s finances – although there were no increases to the main rates of tax, reductions to various tax bands and allowances were announced and an extension...
In this update: Why are mortgage lenders withdrawing their mortgage deals? Why did the Bank of England buy £65 billion worth of government bonds? Why has sterling weakened? How should investors respond? This month’s Thinkpiece takes on a different perspective, in response to the recent events...
Here is our summary of the key points from the government's Mini Budget. Income tax Earnings and savings - The additional rate of tax of 45% (39.35% for dividends) on income in excess of £150,000 is to be abolished from 6 April 2023. This means that...