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Spring Budget 2023 – Capital Allowances

Designed in part to help offset the increased Corporation Tax main rate, the Chancellor announced the introduction of a new ground-breaking 100% first-year capital allowance for qualifying plant and machinery assets. This measure is also expected to help boost...

Spring Budget 2023 – Childcare Changes

One of the main areas targeted by the Spring Budget 2023 was changes to childcare. Billed as a revolution in childcare, the Chancellor, Jeremy Hunt, said that he wanted to reform the childcare system to help more than a million women come back to work. The 30-hours...