Shayda Saidi
Autumn Statement 2022: energy support extended by a year
In the Autumn Statement, Chancellor Jeremy Hunt has pledged a further £6bn to improve household’s energy-efficiency From April 2023, the...
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Shayda Saidi
- Nov 17, 2022
- 1 min
Autumn Statement 2022: diverted profits tax increases to 31%
The rate of diverted profits tax will rise by 6% from the new tax year, according to the Autumn Statement Green Book From April 2023, the...
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Shayda Saidi
- Nov 17, 2022
- 2 min
Autumn Statement 2022: minimum wage raised to £10.42
The Chancellor has announced an increase in the national minimum wage for those aged 23 and over to £10.42 From April 2023, those on...
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Shayda Saidi
- Nov 17, 2022
- 2 min
The Chancellor announced that public spending on R&D tax credits will be increased, reaching £20bn a
For expenditure on or after 1 April 2023, the research and development expenditure credit (RDEC) rate will increase from 13% to 20%, the...
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