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Spring Statement 2022 – Landlord Reactions

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Chancellor Rishi Sunak has just presented his Spring Statement to Parliament, focussing on the cost of living crisis and its exacerbation by immediately falling into another crisis, supporting global economic sanctions against the war in Ukraine.

The Chancellor’s policies to relieve the cost of global inflation to households included:

The threshold for paying National Insurance will increase by £3,000 from July to parity with the basic rate of income tax at £12,570.

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