Shayda SaidiNov 17, 20222 minAutumn Statement 2022: energy support extended by a yearIn the Autumn Statement, Chancellor Jeremy Hunt has pledged a further £6bn to improve household’s energy-efficiency From April 2023, the...
Shayda SaidiNov 17, 20221 minAutumn 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...
Shayda SaidiNov 17, 20222 minAutumn Statement 2022: minimum wage raised to £10.42The Chancellor has announced an increase in the national minimum wage for those aged 23 and over to £10.42 From April 2023, those on...
Shayda SaidiNov 17, 20222 minThe Chancellor announced that public spending on R&D tax credits will be increased, reaching £20bn aFor expenditure on or after 1 April 2023, the research and development expenditure credit (RDEC) rate will increase from 13% to 20%, the...