From fuel duty to corporation tax to income tax, here's what could change after the Chancellor sits down
: “Everyone recognises that there are limits to what [Mr Hunt] can do on tax at the moment, because of the huge costs of the pandemic and the impacts of the war in Ukraine.
Tinkering in these areas is not expected, given these changes were only announced last year and are due to take effect from next month. When tax allowances and thresholds are frozen, and inflation is high, you end up with an effect known as fiscal drag – where rising wages mean more people get dragged into higher tax bands.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Jeremy Hunt's Spring Budget: What we know and the announcements to look forJeremy Hunt's Spring Budget: What we know and the announcements to look for - including energy bills, benefits, childcare and more
Lire la suite »
Spring budget: Chancellor Jeremy Hunt to announce 12 new investment zones to 'supercharge' hi-tech growthThe government said the scheme, which is backed by £80m of investment over five years in each of the new high-growth zones, is designed to accelerate research and development in the UK's 'most budding industries'.
Lire la suite »
Jeremy Hunt to create 12 new low-tax investment zones outside of London in Spring BudgetChancellor says new zones will be clustered around universities and research centres to boost innovation and growth
Lire la suite »
Budget 2023: What do NI businesses want to see from Jeremy Hunt?A hotel owner says his electricity bill is up 154% compared to last year and businesses need help.
Lire la suite »
Politics news - latest: Chancellor Jeremy Hunt putting final touches to first full budget ahead of announcementIn the upcoming budget, Labour wants a 'proper windfall tax' and if possible, plans to 'freeze fuel duty' to be announced by Chancellor Jeremy Hunt KayBurley 📺 Sky 501, Virgin 602, Freeview 233 and YouTube
Lire la suite »
How Jeremy Hunt's Budget could impact your pensionThere are expected to be several changes to pensions in tomorrow's Spring Statement
Lire la suite »