Autumn Statement 2022

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Autumn Statement 2022

Chancellor Jeremy Hunt delivered an Autumn Statement intended to bring stability, promote growth in the economy and protect public services. He has raised funds largely by relying on threshold freezes and fiscal drag rather than tax increases. Investment in energy efficiency and independence, infrastructure and targeted support for businesses are intended to promote growth.

 

BDO Northern Ireland Response

BDO NI Tax Partner, Maybeth Shaw provides her commentary on the Chancellor's Autumn Statement and what it means for local businesses.

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Autumn Statement Summary

A summary of the mesauresfor businesses, wages & individuals announced by the Chancellor in the 2022 Autumn Statement

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Employment Taxes

What employers should be considering.

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Personal Taxes

Personal Income tax bands, NIC Contributions, Capital Gains Tax and Inheritance Tax

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Indirect & Other Taxes

R&D tax relief, transfer pricing, diverted profits tax, bank corporation Tax Surcharge

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Corporate Taxes

Announced changes to the corporate tax regime from the Autumn Statement

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Contact us if you have any queries

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