How Jeremy Hunt is managing the economy - and the headlines

'Perhaps it is just the era we live in, and not the Budget, that is remarkable'

clock • 4 min read

Tax professional Tom Moore has more than 33 years’ experience advising entrepreneurs and their businesses. Here he assesses the impact of the Spring Budget 2023...

The Budget delivered by chancellor Jeremy Hunt on Wednesday felt, in some ways, like a return to normality for those of us used to commenting on these matters. In comparison to the infamous Kwarteng mini-Budget and Hunt's first (emergency) Budget that inevitably followed, Wednesday's pronouncements might have seemed prosaic. Nevertheless, the speech was noteworthy in its own ways. We will return to that thought, but first, what proposed direct tax changes did the Budget contain? Amid the usual slurry of esoteric technical changes, there were some announcements that will attract attent...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Tax planning

Tax exodus and the new nomads: Why entrepreneurs are weighing their options

Tax exodus and the new nomads: Why entrepreneurs are weighing their options

Tax changes see entrepreneurs mull relocation

Andrew McMillan
clock 19 February 2025 • 5 min read
Why a financial remedy order is essential on divorce

Why a financial remedy order is essential on divorce

Orders provide clarification and peace of mind

James Osborne
clock 18 February 2025 • 4 min read
Tony Müdd: The case for over-insurance for IHT

Tony Müdd: The case for over-insurance for IHT

Impact of IHT on unused pension funds

Tony Müdd
clock 11 February 2025 • 4 min read