The Spring Statement 23 March 2022

The Spring Statement 23 March 2022

In his Spring Statement, Mr Sunak announced a 5p cut in fuel duty, an alignment of NI thresholds with personal tax allowance from July 2022, and promised a 1p cut in income tax, but not until April 2024.

Plans to extend Making Tax Digital

Plans to extend Making Tax Digital

On 21 July the government published its 10 year strategy for the tax system. This included its plans to extend the Making Tax Digital initiative.