IPT unscathed in Budget with corporation tax set to rise in 2023
Insurance premium tax went unmentioned in the Spring Budget announcement, with developments including additional apprenticeships funding, a furlough extension and a corporation tax hike from 2023.
Chancellor of the Exchequer Rishi Sunak presented the Budget in the House of Commons on Wednesday, noting that the economy has shrunk by 10% due to the coronavirus impact – the “largest fall in over
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