6 December 2022
Autumn Statement: Growth prioritised but does it go far enough for entrepreneurs?
Our experts look at what remains from the original mini-budget in September 2022 as well as reforms announced in The Chancellor’s recent autumn statement, with particular focus on the impact this will have on entrepreneurs:
31 October 2022
Mini-Budget U-turn – what does this mean for entrepreneurs
After five of the most tumultuous weeks in Government it is all change for the mini-budget announced by Kwasi Kwarteng on 23 September. We originally published an article on 30 September 2022 discussing the impact of the then Chancellor’s proposals. No sooner had we done so, when nearly all of the tax changes that had been introduced as part of Prime Minister Liz Truss’ growth agenda, were unceremoniously dumped by the new Chancellor, Jeremy Hunt.
30 September 2022
What does the Chancellor’s mini-budget mean for entrepreneurs?
On 23rd of September the new Chancellor of the Exchequer, Kwasi Kwarteng, unveiled his mini budget which is effectively the Government's new growth plan. As everyone now knows this signified the Government's intention to focus directly upon economic growth. To this end, the Chancellor set out dramatic tax cuts (not all of which were either expected or pre-announced) and reforms for individuals and businesses, the like of which we have not seen for a very long time. Unfortunately it does now seem clear that the City was unprepared for the extent of the reforms, and they have been received very badly by many.