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Growth Plan 2022: Tax highlights

Speed read

The chancellor of the exchequer delivered a fiscal statement to the House of Commons on Friday 23 September, outlining cuts to income tax, the reversal of the NIC increases, the scrapping of the planned increase in corporation tax, a permanent £1m annual investment allowance, the unwinding of the 2017 and 2021 off-payroll working rules changes, and cuts to SDLT.

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