The Chancellor, Kwasi Kwarteng, has announced that the 45% Income Tax top tax rate will remain in place from next April. Interviewed on BBC Radio 4 on Monday morning, he admitted that his uncosted mini-budget proposal had become "a massive distraction".
Nichola's SME Tax W-update 29 September 2022
Hello,
It has been a week of economic turmoil following last Friday’s mini-budget. We have summaries of the key measures announced in case you missed our Budget Special edition, as well as plenty of non-budget content including a new Employer update for 2022-23, HMRC’s latest Agent update and some interesting tax cases.
Mini-budget 2022: At a glance (updated for reversals)
The Chancellor, Kwasi Kwarteng, has presented his mini-budget and 'The Growth Plan 2022' announcing major reversals to a large chunk of his predecessor's tax policies. Together with a package of tax cuts, these would have greatly benefit owner-managed businesses but almost all were reversed on 17 October 2022.
Mini-budget 2022: Live highlights
Live highlights of announcements made in the Mini-Budget 2022, held on 23 September 2022 by Kwasi Kwarteng, Chancellor of the Exchequer.
Nichola's SME Tax W-update 22 September 2022
Hello,
This time, a new Energy Bill Relief scheme for business, new thinking on cryptoasset tax, the outcome to another case where goodwill was overvalued on incorporation and news of tomorrow's mini-budget.
Nichola's SME Tax W-update 15 September 2022
Hello,
As the country is in a period of national mourning we have a very short news update this week, with mainly freeview content for you.
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