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

Business' tax year planning – a reminder on carry forward

Business' tax year planning – a reminder on carry forward

'The carry forward rules can be difficult to navigate'

Caitlin Southall
clock 31 March 2025 • 4 min read
Tax year-end/tax year-start: Unfounded fears and enormous upside

Tax year-end/tax year-start: Unfounded fears and enormous upside

'Clients are tuned in to tax efficiency'

Phillip Wickenden
clock 27 March 2025 • 5 min read
Treasury set to benefit from a £2.4bn boost from IHT

Treasury set to benefit from a £2.4bn boost from IHT

Will raise £14.3bn after pensions come under the IHT umbrella

Isabel Baxter
clock 26 March 2025 • 2 min read