Yesterday Rishi Sunak announced a host of financial changes in his Spring Statement.

Highlights from the statement:

  • Fuel duty will be cut by 5p per litre from yesterday until March 2023
  • Income tax cut by 1% from 2024
  • National Insurance threshold increased from £9,880 to £12,570 from July 2022
  • Employment allowance increased from £4,000 to £5,000 in April 2022

For full details of the statement follow this link:

Spring Statement 2022