Summary Of The UK Governments Tax Archives - Personal Tax Accountant Services Uk - Tax Advisors Consultant London

Since Kwasi Kwarteng’s ‘Mini-Budget’ at the end of September, the UK markets and economy have been reeling. In a bid to negate the impact, the Government has reversed all but a few tax changes announced at the time. Headline changes are that the scheduled 6% corporation tax rise due from 1 April 2023 will now go ahead and confirmation that removal of the 45p rate of income tax has now been scrapped.