Spring Budget Summary: March 2023

Our Spring Budget summary 2023 is now available to download

Click here to download your copy

Chancellor Jeremy Hunt delivered a ‘Budget for Growth’ after the Office for Budget Responsibility forecast a stronger than expected performance from the UK economy this year with inflation continuing to fall.

There were certainly some big numbers and measures announced with wide ranging implications, from big increases in free childcare and full expensing of most capital expenditure for companies, to a significant increase in the pension annual allowance and scrapping the pension lifetime allowance. It will take time to see if these changes deliver the outcomes the Chancellor is looking to achieve.

If the Budget has raised questions for you, book your place on our Budget question time webinar this Friday 17 March at 9:30am or read all of our Budget news and updates content.

Read more on…

• Budget 2023: Capital expensing
• Budget 2023: Research and Development and creative incentives
• Budget 2023: Changes to corporation tax
• Budget 2023: Childcare reforms
• Budget 2023: Pension Annual Allowance
• Budget 2023: Pension Lifetime Allowance