Autumn Statement 2022: Tax Update
Blog Post — Tax Blog
— By
Oliver Walker,
Jenny Doak,
Aron Joy,
Erica Rees and
Eithne Bloice-Sanders
— November 18, 2022
On 17 November 2022, Chancellor Jeremy Hunt delivered his Autumn Statement, highlighting the government’s priorities of stability, growth and public services and remarking that the “path to growth” requires difficult decisions. Having already reversed many of the changes introduced by his immediate predecessor, Kwasi Kwarteng, in the short-lived September Mini Budget and Growth Plan 2022, the Chancellor has now announced further steps aimed at “delivering fiscal sustainability” and restoring the public’s confidence “at a time of significant economic challenge for the UK and the global economy”.
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