Labour’s tax plans
What do we know about the Government’s tax plans to date and what can we expect in the near future?
What do we know about the Government’s tax plans to date and what can we expect in the near future?
The Chancellor, Rachel Reeves, sets out her plans for planning system reform in her first major speech today. You can see her 7 point plan here.
Craig Simpson explains the concept of fiscal drag and its impact on the apparent tax reduction caused by the changes in National Insurance announced at the Autumn Statement 2023
Will the Chancellor use Corporation Tax measures in reducing business taxation in the Autumn Statement? He could reduce the rate of Corporation Tax, extend the Corporation Tax Bands and/or extend full expensing? Craig Simpson, Tax Partner at Bates Weston gives his views.
You can read our full report summarising the Spring Budget 2023 here.
Summary report on the Autumn Statement delivered by the Chancellor 17 November 2022