Fiscal Statement 2022

You can read our summary of the key points of the Fiscal Statement 2022 here.

A day after Bank Rate rose from 1.75% to 2.25%, Chancellor Kwasi Kwarteng delivered his first statement on 23 September, outlining a series of tax cuts and measures aimed at boosting economic activity and growth.

The key announcements were around:

National Insurance
Stamp Duty Land Tax (SDLT)
Income Tax
Dividend Tax
Business measures

In addition, there were other announcements outlined in the update.

If you think you may be affected by anything included in the update, or any other matter, please don’t hesitate to get in touch.