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05 Dec 2022

Tax burden rises following Autumn Statement

The UK's tax burden will rise after Chancellor Jeremy Hunt reduced the threshold on the top rate of tax and announced freezes on other taxes in the Autumn Statement.

05 Dec 2022

CBI praises Chancellor for 'delivering stability' in Autumn Statement

The Confederation of British Industry (CBI) praised Chancellor Jeremy Hunt for 'delivering stability and protecting the most vulnerable' in the Autumn Statement.

05 Dec 2022

IFS warns of fall in household incomes

The Institute for Fiscal Studies (IFS) has warned that household incomes will see their biggest drop in generations following the Autumn Statement.

05 Dec 2022

OECD warns UK on course for biggest economic downturn

The UK economy is to suffer the biggest hit of all the G7 nations next year, according to a report from the Organisation for Economic Cooperation and Development (OECD).

05 Dec 2022

Auto-enrolment has helped workers save £114 billion into pensions

Workers have saved more than £114 billion into their pension pots since pensions automatic enrolment was implemented ten years ago.

05 Dec 2022

UK businesses anticipate growth in exports

A significant number of UK businesses that trade internationally expect to see an increase in their exports over the coming year, according to an Institute of Directors (IoD) survey.

05 Dec 2022

Digital Services Tax has raised £358 million

The UK's Digital Services Tax (DST) raised £358 million from large digital businesses in the 2020/21 tax year, according to data published by the National Audit Office (NAO).

05 Dec 2022

Advisory fuel rates for company cars

New company car advisory fuel rates have been published and took effect from 1 December 2022.

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