CRM Summary: The Chancellor’s September Statement
Chancellor Kwasi Kwarteng delivered his “mini Budget” on 23 September 2022.
The Chancellor set out a significant array of tax reductions in the hope of stimulating growth in the economy, with the well touted NIC and income tax reductions grabbing the headlines. Besides this though, there is more to consider from a business and personal tax perspective.
CRM’s Technical Director Alan Sowden has fully reviewed the September Statement and has prepared a comprehensive summary of the existing and new changes that will come into force, along with some useful tips to help with your taxation planning.
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