Autumn Statement 2022 Summary Report

THE AUTUMN STATEMENT WAS ANNOUNCED AGAINST A BACKDROP OF RISING INFLATION AND ECONOMIC RECESSION.

On Thursday 17 November, Chancellor Jeremy Hunt unveiled the contents of his Autumn Statement in the House of Commons. He announced tax rises and spending cuts worth billions of pounds aimed at mending the nation’s finances. 

The Chancellor laid out three core priorities of stability, growth and public services. The government sought a balanced path to support the economy and return to growth, partially through public spending restraint and partially through tax rises.

READ OUR SUMMARY REPORT . AUTUMN STATEMENT 2022

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We work closely with our clients to ensure they are maximising available reliefs, mitigating tax liabilities and making meaningful recommendations. We can guide you to further success and ensure your business is as profitable as it can be.

WE’VE INCLUDED COMPREHENSIVE INFORMATION ABOUT THE AUTUMN STATEMENT IN THIS REPORT. AS ALWAYS, IF YOU HAVE SPECIFIC QUERIES ABOUT HOW IT RELATES TO YOUR BUSINESS OR IF YOU ARE CONSIDERING ACTION IN RESPONSE TO THE ANNOUNCEMENT, PLEASE GET IN TOUCH WITH YOUR USUAL PARSONS CONTACT OR A MEMBER OF OUR FRIENDLY TEAM, AND THEY’LL BE HAPPY TO HELP. CONTACT US