Mini Budget – September 2022

Bookkeeping services Chichester Mini Budget

On Friday Chancellor Kwasi Kwarteng unveiled his Mini Budget announcing tax cuts for individuals and businesses plus a series of other measures to ‘deliver growth to the economy’.

Before Mr Kwarteng stood up to make his statement on ‘The Growth Plan’ in the House of Commons, much of what he had to say about energy support for businesses and households, bankers’ bonuses, investment zones and reversals to NICs had already been announced in previous days.

Below is a link to our full summary of the Mini Budget statement which covers the following topics:

  • National Insurance contributions
  • Income tax
  • Business
  • Stamp Duty Land Tax
  • Other comments
  • Government announces plans to help cut energy bills for businesses
  • Energy Price Guarantee plan caps household bills
  • New plan for patients aims to tackle NHS backlog

Read our Full Budget Summary here.

Need help with your accounts? Please do not hesitate to contact us.

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