Wednesday, June 29, 2022

Tag: Employment Allowance

“The devil will be in the detail”: Just how much will Spring Statement changes help businesses?

Will Spring Statement help business
The Chancellor has announced a freeze on the business rates multiplier for 2022-23, along with a rise in the Employment Allowance, but in the all-important matter of retaining the 12.5 percent rate of VAT for the hospitality and tourism industry, Mr Sunak has bottled it. There was little in the Statement to put a spring in the industry’s steps.

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