Spring Statement Summary 2022

Spring Statement Summary 2022

A summary of the Spring Statement 2022 and a round up of the significant measures announced in the two 2021 Budgets that may impact your finances.

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.

Budget 2021 Key Points

Budget 2021 Key Points

Summary of key points made in the Budget 2021, including measures to mitigate Coronavirus, extended reliefs, tax changes in 2021/22 and beyond.

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.