{"id":1043,"date":"2022-11-18T11:19:03","date_gmt":"2022-11-18T11:19:03","guid":{"rendered":"https:\/\/ctt-group.co.uk\/accountancy\/?p=1043"},"modified":"2022-11-18T11:19:35","modified_gmt":"2022-11-18T11:19:35","slug":"ctt-accountancy-are-pleased-to-present-our-summary-of-the-autumn-statement-2022","status":"publish","type":"post","link":"https:\/\/ctt-group.co.uk\/accountancy\/ctt-accountancy-are-pleased-to-present-our-summary-of-the-autumn-statement-2022\/","title":{"rendered":"CTT Accountancy are pleased to present our Summary of the Autumn Statement 2022."},"content":{"rendered":"
CTT Accountancy are pleased to present our Summary of the Autumn Statement 2022.<\/p>\n
We have summarised the important announcements made by the Chancellor in yesterday’s address, which include:<\/p>\n
\u2022 The dividend allowance being reduced from \u00a32k to \u00a31k in 2023 and to \u00a3500 in 2024
\n\u2022 The additional rate threshold falling to \u00a3125,140
\n\u2022 The Annual Exempt Amount for Capital Gains Tax being slashed
\n\u2022 R&D deduction rates have been reduced from 130% to 86%, and the credit rate from 14.5% to 10%<\/p>\n
Throughout our summary, we have also incorporated informative comments to help you understand the impact that the budget changes could have on you and your business.<\/p>\n