Page 1 - Spring Statement - March 2022
P. 1

March 2022





            In this edition


            The Economic Background                    page 1
            The Spring Statement Announcements         page 3

            National insurance contributions           page 3
            Basic rate tax                             page 3
            Fuel duty                                  page 4
            VAT on energy saving materials             page 4

            Research & Development tax credits         page 4
            Business rates: green relief               page 4
            Tax Plan                                   page 4
            Changes already announced                  page 5

            UK income tax                              page 5
            Scottish income tax                        page 5
            Welsh income tax                           page 5
            National insurance contributions           page 6

            Company cars                               page 6
            Inheritance tax                            page 6
            Capital gains tax                          page 6
            Pensions lifetime and annual allowances    page 6

            Automatic pension enrolment                page 6
            Value added tax                            page 7
            Student loans                              page 7
            So what to do?                             page 7
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