April sees largest annual increase since its introduction.
National living wage rises to £10.42
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Government Announcements
Plans to increase state pension age delayed
Falling life expectancy rates push back the Government’s decision.
New bill will modernise business rates
The new measures will incentivise property improvements.
HMRC stops sending paper returns automatically
135,000 self-assessment customers filed paper returns last year.
MTD for ITSA delay costs £1.75 billion
The scheme will roll out from 2026.
HMRC overhauls cryptoasset reporting
Changes will apply from 2024/25.
Energy price guarantee extended
Households will receive the support until July.
Business leaders react to Spring Budget 2023
The key reactions from around the UK.
Economy narrowly avoids recession in forecasts
UK escapes technical recession but will still contract by 0.2%.
Full expensing introduced for companies from 2023-26
Companies will be able to deduct 100% of qualifying investments.
Pension lifetime allowance charge abolished from April 2023
Chancellor aims to bring over-50s back to the workforce.
Spring Budget 2023: what to expect
The Chancellor will unveil his Budget this afternoon.
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