Spring Budget 2022

All you need to know about Mr Sunak’s Spring Budget

Contents:

  • Introduction: This was not meant to be a March mini-Budget…
  • Economic update: Inflation and its headline label, the cost-of-living crisis have now become the focus of economic attention…
  • Announcements: The Chancellor announced several changes, including to National Insurance contributions, fuel duty, basic rate tax…
  • 2022/23 changes (and freezes) already announced: Several tax and other changes (including freezes) will take effect from 6 April 2022. Most of these date back to the two Budgets of 2021. There are further important changes coming down the line…
  • 2022/23 Tax Data: Your easy reference guide

Find the full summary here… Spring Budget Statement 2022

This Spring Budget Statement summary briefing is provided strictly for general consideration only. The information contained in this briefing is based on Quilter Financial Planning’s understanding of the relevant proposals contained within the Spring Budget Statement 2022 (as of 23/03/22), which may change. For information only. Always seek professional advice before acting.

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