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It has been a week of economic turmoil following last Friday’s mini-budget. We have summaries of the key measures announced in case you missed our Budget Special edition, as well as plenty of non-budget content including a new Employer update for 2022-23, HMRC’s latest Agent update and some interesting tax cases.
The Chancellor, Kwasi Kwarteng, has presented his mini-budget and 'The Growth Plan 2022' announcing major reversals to a large chunk of his predecessor's tax policies. Together with a package of tax cuts, these would have greatly benefit owner-managed businesses but almost all were reversed on 17 October 2022.
Live highlights of announcements made in the Mini-Budget 2022, held on 23 September 2022 by Kwasi Kwarteng, Chancellor of the Exchequer.
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This time, a new Energy Bill Relief scheme for business, new thinking on cryptoasset tax, the outcome to another case where goodwill was overvalued on incorporation and news of tomorrow's mini-budget.
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As the country is in a period of national mourning we have a very short news update this week, with mainly freeview content for you.
We are most saddened by the death of Her Majesty Queen Elizabeth II and we share our deepest condolences with the Royal Family and all her friends throughout the world. She was the most remarkable woman whose achievements, over such a very long reign will surely be impossible for anyone to ever mirror. She devoted nearly her whole life to the service of the UK and brought together a Commonwealth. We are all most grateful to her for all that she achieved, her extremely good humour, stoicism and statesmanship.
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