Spring Statement 2022 commentary.

Whilst the Spring Statement is normally a tame affair, this year proved a little different and was more of a ‘budget-lite’. Driven by the ongoing cost of living crisis and the impact the war in Ukraine is having on this, the Chancellor set out his Tax Plan to the House to try and deal with the issues facing the UK.

Mike Godfrey of our Business Tax team takes a look at the Chancellors announcement in more detail and how it will impact the public and businesses.

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