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On 15th March 2023, the Chancellor of the Exchequer, Jeremy Hunt, delivered his Spring Budget to Parliament. Announcing plans including a £27 billion tax cut for business, the childcare revolution, the cost of living burden and driving growth to name just a few.
In this document we have set out the latest proposals and the related figures. The Spring Budget was focused on the topic of growth while addressing measures to ease cost-of-living burden said to help more than halve inflation. If you would like to discuss what it all means for you, we will be happy to help.
Following this, and to get a summary view of the key tax changes, you can now download the Blue Rocket Accounting Spring Budget 2023 for free below!
This report covers the key tax changes outlined in the Chancellor’s speech delivered in parliament and includes tables of the main rates and allowances.
We recommend that you review your financial plans regularly as some aspects of the Budget will not be implemented until later dates. We hope this serves as a useful resource.
