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Category: Budget News

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Autumn Leaves

Jeremy Hunt’s Autumn statement – 2022

In his opening remarks, Jeremy Hunt said his priorities are stability, growth and public services. Stability – Stability is about reassuring the market. The Chancellor announced the following new, ‘fiscal rules’ that public sector debt must be falling as a percentage of GDP by the end of a rolling 5 year period, and net public sector…
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Mini Budget

The Mini-Budget September 2022

The new chancellor, Kwasi Kwarteng, has delivered his mini-Budget and announced a string of tax cuts to ‘deliver growth for the economy’. Read on to find out what the announcement means for small businesses. Cuts to National Insurance A 1.25 per cent cut to National Insurance has been announced, reversing the tax hike Boris Johnson introduced to…
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