Our 2023 Spring Budget Report

2023 spring budget

Chancellor Jeremy Hunt delivered his 2023 Spring Budget speech yesterday, outlining a range of financial measures.

2023 spring budget

Mr Hunt outlined a £27 billion transformation of capital allowances; a £500 million package for research and development (R&D)-intensive businesses; and reforms to childcare.

The Chancellor also announced the abolition of the pensions lifetime allowance and increased the pensions annual tax-free allowance from £40,000 to £60,000.

Our comprehensive Budget Summary outlines the key measures, including some of the less-publicised changes that may impact upon your business or personal finances.

For a detailed overview, please read our full 2023 Spring Budget report here.

If you need advice on any of the announcements from the Spring Budget and how they may impact you or your business, please do not hesitate to contact us.
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