UK Spring Statement Summary 2018
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See AllThe Chancellor, Kwasi Kwarteng, has today announced that the Government will not go ahead with plans to abolish the 45p rate of income tax after facing rising pressure since announcing the cut as part
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The BOE has today announced that it will step in and buy Government bonds to help “restore orderly market conditions”. The pound has fallen in value in recent days in response to the tax cuts announc
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In response to the Bank of England interest rate increase to 2.25%, HMRC’s late payment interest rates will also increase with effect from 11 October 2022 as follows: - late payment interest rate — 4
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