Almost one year on from Liz Truss’ ill-fated mini-budget, there are murmurings of a possible tax offering to voters ahead of a likely 2024 election. Ministers have described tax cuts as being in the Conservative Party’s DNA and offered reassurance that they will ease the fiscal burden once the economy improves. A return to growth would be […]
Jeremy Hunt is expected to use his Budget today to raise the lifetime allowance for pension savings. The lifetime allowance was introduced in 2006, and since 2011/12, has been gradually cut – from £1.8m to £1.07m today. Before today’s change it was due to be frozen at the current rate until 2026, potentially increasing the […]
Back in July 2022, when he was in the running for the Conservative Party leadership, Jeremy Hunt had a very different view on corporation tax to the policy he enacts today. At the time, he told Sky News that corporation tax was the tax that mattered most to businesses. He said that while it wasn’t […]
