The Chancellor made his annual Spring Statement speech today where he set out the Government’s tax plan to support the UK economy, businesses and families in both the short and the medium term.

At the Spring Statement 2022, the Chancellor announced measures related to National Insurance contributions (NICs) and income tax.

In Spring Statement 2022, the UK government announced measures to boost growth and productivity across the UK, incentivising firms to train more, invest more, and innovate more through cuts to tax.

The Spring Statement 2022 speech as delivered by Chancellor Rishi Sunak.

The proposed tax on the largest residential property developers is set to raise at least £2 billion to help contribute to the cost of cladding remediation work across the UK.