Chancellor Rishi Sunak delivered his Spring Statement on 23 March 2022. The Chancellor set out measures to combat soaring energy, food and fuel prices with the immediate reduction of 5p per litre on fuel duty grabbing the headlines. Besides this though, there is more to consider from a business and personal tax perspective.
CRM’s Technical Director Alan Sowden has fully reviewed the Spring Statement and has prepared a comprehensive summary of the existing and new changes that will come into force, along with some useful tips to help with your taxation planning.