BUDGET 2023 - WHAT SMALL BUSINESS CAN EXPECT



February 6th, 2023.



This spring’s Budget will focus primarily on halving inflation, the first and most important of Prime Minister Rishi Sunak’s five pledges. But what can small business expect from Budget 2023?

What is the date for the Budget 2023?

Jeremy Hunt is due to make his Budget 2023 statement on Wednesday, March 15. It will be followed by a forecast on the economy and public finances from the Office for Budget Responsibility.

Revamping ‘super-deduction’ tax break
Chancellor Jeremy Hunt and his Treasury team are understood to be looking at a successor to former Chancellor Rishi Sunak’s “super-deduction” tax incentive, a £25 billion tax incentive which encouraged business investment by providing 25p off company tax bills for every pound of....


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