On 17 November 2022, UK Chancellor of the Exchequer Jeremy Hunt delivered the Autumn Statement 2022, including several tax measures, some of which have already been legislated for and will be implemented as planned. Some of the main measures are summarized as follows:
Bank Corporation Tax Surcharge - Following the decision to proceed with the Corporation Tax rate increase to 25% from April 2023, the changes to the Bank Corporation Tax Surcharge which are legislated to take effect from the …