What Does the UK Spring Budget Mean for Tax?
The UK Chancellor, Rishi Sunak, delivered his Spring Statement today (23 March 2022). In terms of measures relating to companies involved in the project finance arena, one of the main items of note was the announcement of the government’s Tax Plan for the remainder of this parliament. Tax Plan At the Autumn Budget 2022, the […]
An Update on the UK Mini-budget
The new UK Chancellor, Jeremy Hunt, delivered a fiscal statement on October 17th 2022, in a bid to reassure the markets and bring a degree of financial stability after Kwasi Kwarteng, the then Chancellor’s Mini-budget of September 23rd 2022 caused a period of economic turmoil for the UK. The Medium-Term Fiscal Plan is still scheduled […]
What does the latest budget mean for UK Infrastructure?
Yesterday the UK Chancellor Rishi Sunak delivered his latest budget. In terms of measures relating to companies involved in infrastructure project finance there were a few key points that may be relevant for your business: Corporation Tax Rates The planned UK corporation tax rate rise to 25% in April 2023 will go ahead as previously […]