ON 17th November, the government undertook the third fiscal statement in as many months, The Autumn Statement 2022.
With rising inflation and economic recession, the Chancellor laid out three core priorities: stability, growth and public services.
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This budget is a mixture of public spending restraint, and partial tax rises to support the economy and return to growth.
To help make sense of this, James Milne has summarised how this impacts individuals and businesses, from income tax to energy and everything in between.
You can find all the details here – https://www.jamesmilne.co.uk/news/2022/the-autumn-statement-2022
If you have any questions about how this will affect you, please don’t hesitate to contact the James Milne team at www.jamesmilne.co.uk or 01224 584458.
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