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15 March 2023
Issue: 8017 / Categories: Legal News , Tax , Employment
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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
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MOVERS & SHAKERS

Jurit LLP—Caroline Williams

Jurit LLP—Caroline Williams

Private wealth and tax team welcomes cross-border specialist as consultant

Freeths—Michelle Kirkland Elias

Freeths—Michelle Kirkland Elias

International hospitality and leisure specialist joins corporate team as partner

Flint Bishop—Deborah Niven

Flint Bishop—Deborah Niven

Firm appoints head of intellectual property to drive northern growth

NEWS
Talk of a reserved ‘Welsh seat’ on the Supreme Court is misplaced. In NLJ this week, Professor Graham Zellick KC explains that the Constitutional Reform Act treats ‘England and Wales’ as one jurisdiction, with no statutory Welsh slot
The government’s plan to curb jury trials has sparked ‘jury furore’. Writing in NLJ this week, David Locke, partner at Hill Dickinson, says the rationale is ‘grossly inadequate’
A year after the $1.5bn Bybit heist, crypto fraud is booming—but so is recovery. Writing in NLJ this week, Neil Holloway, founder and CEO of M2 Recovery, warns that scams hit at least $14bn in 2025, fuelled by ‘pig butchering’ cons and AI deepfakes
After Woodcock confirmed no general duty to warn, debate turns to the criminal law. Writing in NLJ this week, Charles Davey of The Barrister Group urges revival of misprision or a modern equivalent
Family courts are tightening control of expert evidence. Writing in NLJ this week, Dr Chris Pamplin says there is ‘no automatic right’ to call experts; attendance must be ‘necessary in the interests of justice’ under FPR Pt 25
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