Spring Statement 2022
Mar. 24, 2022, 12:54pm
Rishi Sunak presented his Spring Statement to Parliament on 23 March 2022. So what exactly did the Chancellor say and, what did it actually mean?
Summary of the Chancellor’s 2022 Spring Statement
Our summary of the Chancellor’s Spring Statement is now available – click here to download it.
The Chancellor responded to the Office for Budget Responsibility’s economic forecasts, as well as reaffirming the fundamental taxation changes which will affect businesses and individuals in the new tax year. Within our summary of the Spring Statement we have included informative comments to help you assess the likely effect that the proposed changes may have on you personally and their significance.
In addition, we provide an outline of the main areas of taxation covered in the Spring Statement. We have included our observations on the more significant changes, together with any planning points that may arise. We have also included a detailed calendar of the most important dates for 2022/23 that will help you with tax planning ahead of time.