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  • Shader Saidi

The Spring Statement 2022

The Spring Statement 2022: documents contain details of all Statement documents, including policy costings, distributional analysis and data sources.

Following this, HMRC has published Tax Information and Impact Notes (TIINS), covering the following:

Employment Allowance increases to £5,000 from April 2022;

National Insurance Primary Threshold and the Lower Profits Limit increase and associated Class 2 changes in 2022–23 tax year;

Changes to the VAT treatment of the installation of Energy Saving Materials in Great Britain;

Changes to fuel duty rates 2022–23.

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