Business and Tax News - Budget2023

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November 5th 2024
Tax Week 31
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BUDGET2023 - NEWS

What is Full Expensing Announced In Budget 2023?

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.
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Budget 2023 Removes Limits on Tax Free Pension Investment

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.
Budget 2023 Provides Big Support For Working Parents

UK BUDGET

Budget 2023 Provides Big Support For Working Parents

New steps to support parents in the workforce with better availability and affordability of childcare.
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