The U.K. Growth Plan 2022

Volume 9 No 5    /    Read Article

By Kevin Offer (Guest Author)

Three weeks after Liz Truss became Prime Minister of the U.K., the Chancellor of the Exchequer, Kwasi Kwarteng, announced the new Government’s Growth Plan. Billed as a “Mini Budget,” it became a far greater set of announcements than expected. Among other items, tax rates are slashed at the corporate and individual levels, allowances for businesses are increased, and investment zone benefits enhanced. Kevin Offer, a Partner at Hardwick and Morris L.L.P., London summarizes the provisions.  See more →