Kwasi Kwarteng’s mini-budget: key points at a glance

The chancellor has delivered his mini-budget – here are the main points, with political analysis

Kwasi Kwarteng says the government was never going to let households face soaring energy bills caused by Vladimir Putin’s war in Ukraine.

Reversing the tax rise will put £19bn a year back into the economy.

Kwarteng says companies will be able to use this to “reinvest, create jobs, raise wages, or pay dividends which support our pensions”

The chancellor will wind down the Office of Tax Simplification (OTS) and is asking every department to focus on this instead.

Kwarteng announces the higher rate 45% band of income tax will be scrapped entirely.

Basic rate of income tax will be cut from April 2023 from 20% to 19%.

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kwasi kwartengs mini-budget: key

@UK_News_b

Key takeaways from Kwasi Kwarteng's mini-Budget' (www.independent.c...) Britain's new chancellor Kwasi Kwarteng ha… https://t.co/mKWirbOzdX

Posted on: 2022-09-28 00:08

@UNWLLP

UNW’s summary of the key announcements from Friday’s Mini-Budget is now available to download at the link below.… https://t.co/qwGgG0sT9e

Posted on: 2022-09-26 13:59

@pkgroup

Have you missed the Mini Budget review? Do you require more information? @pkgroup have attached a Mini Budget Broch… https://t.co/GuqAbq0ZD1

Posted on: 2022-09-26 13:45

@RadarsTrend

7 Key Takeaways From Kwasi Kwarteng’s Huge ‘Mini Budget’ https://t.co/fHSyb6J7JD

Posted on: 2022-09-25 19:16

@BhamWorld_

The West Midlands is a key target area for Conservatives looking to hold their ‘red wall’ seats, with three under t… https://t.co/9FgNHNSXD0

Posted on: 2022-09-25 16:23

@RadarsTrend

At a glance: Key points from Kwasi Kwarteng’s mini-budget https://t.co/qOkHiuB2LP

Posted on: 2022-09-24 14:05

@vecalo2

7 Key Takeaways from Kwasi Kwarteng’s Big ‘Mini Budget’ https://t.co/mlatetRXWx

Posted on: 2022-09-24 07:22

@gordon_riches

"It will benefit 629,000 earners on higher salaries - saving them on average £10,000 a year." 7 Key Takeaways From… https://t.co/ctyBVoCaoJ

Posted on: 2022-09-24 07:10

@WaYs2rOcK

Kwasi Kwarteng’s mini-budget: key points at a glance | Mini-budget 2022 https://t.co/llp9Ekfnho

Posted on: 2022-09-24 04:29

@RadarsTrend

Mini-Budget: Key takeaways from Kwasi Kwarteng’s tax-cutting plans https://t.co/IWDgzidGOI

Posted on: 2022-09-24 02:36

@RadarsTrend

Key points from Kwasi Kwarteng's mini budget https://t.co/AXCtkGtW4a

Posted on: 2022-09-24 01:20

@dhindustannews

Key points from Kwasi Kwarteng’s mini budget: Stamp duty cuts to income tax https://t.co/wkwDBjK0Bk

Posted on: 2022-09-23 22:31

@globnewswire

Mini-Budget: Key takeaways from Kwasi Kwarteng’s tax-cutting plans https://t.co/zaJR0nBhbc

Posted on: 2022-09-23 20:02

@SteveStevens47

RT @MetroUK: Chancellor Kwasi Kwarteng delivered his highly anticipated mini-budget this morning, which included massive changes to parts o…

Posted on: 2022-09-23 19:10

@_Steve_York

RT @pkfFrancisClark: To summarise today’s #MiniBudget announcement, our Partner @John_Endacott has written a brilliant overview, breaking d…

Posted on: 2022-09-23 19:01

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