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Notes from the Autumn Statement

21 November 2022
Issue: 8004 / Categories: Legal News , Profession
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Key points from the Chancellor’s Autumn Statement last week include a freeze on inheritance tax, income tax and national insurance allowances and thresholds until 2028, a capital gains tax allowance cut to £6,000 and a reduction in the top income tax threshold from £150,000 to £125,000. 

Benefits and pensions will rise in line with inflation. The energy profits levy (windfall tax) will be increased to 35% and extended by two years, raising £14bn which will be used to cut business rates for about 700,000 businesses.

Issue: 8004 / Categories: Legal News , Profession
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MOVERS & SHAKERS

Kennedys—Samson Spanier

Kennedys—Samson Spanier

Commercial disputes practice bolstered by partner hire

Bird & Bird—Emma Radcliffe

Bird & Bird—Emma Radcliffe

London competition team expands with collective actions specialist hire

Hill Dickinson—Chris Williams

Hill Dickinson—Chris Williams

Commercial dispute resolution team in London welcomes partner

NEWS
Judging is ‘more intellectually demanding than any other role in public life’—and far messier than outsiders imagine. Writing in NLJ this week, Professor Graham Zellick KC reflects on decades spent wrestling with unclear legislation, fragile precedent and human fallibility
The long-predicted death of the billable hour may finally be here—and this time, it’s armed with a scythe. In a sweeping critique of time-based billing, Ian McDougall, president of the LexisNexis Rule of Law Foundation, argues in this week's NLJ that artificial intelligence has made hourly charging ‘intellectually, commercially and ethically indefensible’
From fake authorities to rent reform, the civil courts have had a busy start to 2026. In his latest 'Civil way' column for NLJ this week, Stephen Gold surveys a procedural landscape where guidance, discretion and discipline are all under strain
Fact-finding hearings remain a fault line in private family law. Writing in NLJ this week, Victoria Rylatt and Robyn Laye of Anthony Gold Solicitors analyse recent appeals exposing the dangers of rushed or fragmented findings
As the Winter Olympics open in Milan and Cortina, legal disputes are once again being resolved almost as fast as the athletes compete. Writing in NLJ this week, Professor Ian Blackshaw of Valloni Attorneys examines the Court of Arbitration for Sport’s (CAS's) ad hoc divisions, which can decide cases within 24 hours
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