header-logo header-logo

15 March 2023
Issue: 8017 / Categories: Legal News , Tax , Employment
printer mail-detail

Hunt’s ‘back to work’ Budget

A corporation tax hike from 19% to 25% for businesses making profits of more than £250,000, and changes to pensions, childcare and disability benefits were some of the headline figures of the Chancellor, Jeremy Hunt’s Budget

Hunt’s ‘back to work’ budget promised up to 30 hours per week of childcare for every child from the age of nine months (currently only three and four-year-olds get nursery hours). He abolished the lifetime allowance for pensions and raised the annual allowance from £40,000 to £60,000.

He plans to abolish the work capability assessment, separate benefits entitlement from an individual’s ability to work and set up a universal support scheme to help disabled people into work.

Hunt announced some tax relief measures—full capital expensing for at least the next three years so business investment in IT, plant or machinery is fully tax deductable straight away. He announced a two-year extension to the Climate Change Agreement to give eligible businesses £60m of tax relief for energy efficiency measures.

However, there was no increase in the budget for the justice system.

Law Society president Lubna Shuja said: ‘The Chancellor can find £63m to invest in swimming pools but not our crumbling justice system.

‘It would only take £30m to bridge the gap between current government proposals and independent recommendations to increase solicitor’s criminal legal aid fees by 15%. Backlogs in every court means that for tens of thousands of people justice is delayed. Our courts are falling apart and there is a dire shortage of judges and court staff.

‘Departmental spending continues to rise lower than the level of inflation, further squeezing the Ministry of Justice’s already limited resources and increasing pressure on our justice system.’

Issue: 8017 / Categories: Legal News , Tax , Employment
printer mail-details

MOVERS & SHAKERS

Gardner Leader—Charlotte Botham & Belinda Sinnott

Gardner Leader—Charlotte Botham & Belinda Sinnott

Law firm strengthens real estate team with two new partners

DR Solicitors—Sarah Cook

DR Solicitors—Sarah Cook

DR Solicitors strengthens primary care expertise with appointment of legal director

Womble Bond Dickinson—David Varney

Womble Bond Dickinson—David Varney

Womble Bond Dickinson appoints David Varney to strengthen digital practice

NEWS
A deputy costs judge correctly exercised his discretion to allow late service rather than strike out the point of dispute, the Court of Appeal has held
Prince Harry, Baroness Doreen Lawrence and five others have lost their case against the publisher of the Daily Mail, Mail on Sunday and MailOnline, in Various Claimants v Associated Newspapers [2026] EWHC 1637 (KB)
Public confidence in the justice system is being undermined by a lack of accessible, useable data, magistrates have warned
The Sentencing Council has launched draft guidelines for facilitation and endangering another person during a sea crossing to the UK
Government proposals to make independent written legal advice a prerequisite for workplace non-disclosure agreements (NDAs) may prove unworkable, according to a senior employment lawyer
back-to-top-scroll