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Spring Statement 2022

The Spring Statement was not meant to be a March mini-Budget, despite what many headlines in the days before suggested.

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New tax rises and the end of the triple lock

The government has spent billions on mitigating the impact of the pandemic.

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Making tax digital shifts again

Big changes are coming for the way in which businesses keep their records and report to HMRC.

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New penalties for late payments and submissions

The new late payment penalties regime will start rolling out from April 2022.

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Managing new office relations

Employers have been welcoming their workforces back on site, but ongoing concerns may need a new approach.

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Claiming extended loss relief

The rules for setting business losses against earlier profits were temporarily extended in first Budget of 2021.

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