In the Autumn Statement from the Chancellor of the Exchequer, Jeremy Hunt, today (17th November 2022), it was announced that the capital gains tax (CGT) allowance was being reduced with effect from next year.
Monthly Archives: November 2022
Higher Rate Tax Bracket Changed
The Chancellor of the Exchequer, Jeremy Hunt, has announced in his Autumn Statement today, 17th November 2022 (otherwise known as the autumn budget) that the higher rate tax bracket would change – that is, the level at which people start paying the top rate of 45% tax will change to £125,140. Continue reading Higher Rate Tax Bracket Changed