Business groups welcome Spring Budget
The UK’s business groups largely welcomed the measures taken in the Chancellor’s Spring Budget announced last month.
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Company
Pension Changes – Spring Budget 2023
Here’s some of the key changes to pensions as a result of the Spring 2023 Budget revealed by Chancellor Jeremy Hunt.
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Corporate Capital Allowances – Full Expensing
From 1 April 2023 until 31 March 2026, companies liable for corporation tax will be able to benefit from “Full Expensing”.
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Minimum wage increase 2023/24
The minimum wage is set to increase from 1st April 2023 with the hourly National Living Wage increasing to £10.42 per hour.
Minimum wage increase 2023/24 Read More »
Advisory fuel rates for company cars
New company car advisory fuel rates have been published and took effect from 1 March 2023.
Advisory fuel rates for company cars Read More »
‘Digital pound’ likely to launch this decade, says Treasury
The Treasury and the Bank of England (BoE) have suggested that a state-backed ‘digital pound’ is likely to be launched this decade.
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