Business and Tax News - Mar 2023

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Business and Tax News For Mar 2023 by the UK's number one tax calculator website!

Bank of England Raises Base Rate to 4.25 Percent

23 March 2023 12:02pm

GENERAL

Bank of England Raises Base Rate to 4.25 Percent

Eleventh consecutive base rate rise sees jump from 4 to 4.25 percent after February's jump in inflation.

2,089 views

What is Full Expensing Announced In Budget 2023?

15 March 2023 2:39pm

UK BUDGET

What is Full Expensing Announced In Budget 2023?

A New Capital Allowance Scheme providing 100% for Qualifying Plant and Machinery Assets and 50% for Special Rate Assets - deductible from profits.

5,396 views

Budget 2023 Removes Limits on Tax Free Pension Investment

15 March 2023 2:19pm

UK BUDGET

Budget 2023 Removes Limits on Tax Free Pension Investment

Lifetime allowance is abolished, meaning no limit on how much you can save in your pension pot - well, aside from the £60k annual limit.

2,383 views

15 March 2023 2:09pm

UK BUDGET

Budget 2023 Provides Big Support For Working Parents

1,904 views

15 March 2023 1:49pm

UK BUDGET

Budget 2023: A Quick Summary

3,321 views

6 March 2023 1:05pm

UK BUDGET

Budget 2023 Announced For March 15th

2,562 views

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