by Poster | Sep 30, 2022 | Budget
From April 2023 the additional rate of tax will be decreased to 40% from the current 45%. This means that there will be just one rate of higher income tax, which is 40%. The additional rate of tax applies to income over £150,000. (Note that on 3 October 2022...
by Poster | Sep 28, 2022 | Budget
The Chancellor of the Exchequer presented his Growth Plan to Parliament on Friday 23 September 2022. These are the main points about corporation tax: The main rate of corporation tax was due to increase to 25% from April 2023, however, this increase has...