Autumn Statement 2023
Fuelled by facts and figures such as more than halving inflation to 4.6% in October 2023 from its...
A summary of today's Autumn Statement
And the showstopper: main employee national insurance rate cut to 10% from 12%. To be introduced from 6th January 2024 rather than next tax year.
National Living Wage to increase to £11.44 from 1 April 2024 - an almost 10% increase from the currrent £10.42. It will also apply to over 21s and not just over 23s as it currently does.
Full expensing for company investment is now to become permanent, as widely predicted before today's announcement.
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