How will the Spring Budget 2023 impact pay, pensions and benefits?

Spring Budget 2023 benefits Spring Budget 2023: Chancellor of the Exchequer Jeremy Hunt delivered his Spring Budget speech in the House of Commons on Wednesday 15 March. It included a number of key announcements that could impact employees’ pay, pensions and benefits.

Spring Budget 2023: Freeze on fuel duty for 12 months

Spring Budget 2023: Pensions lifetime allowance scrapped

Spring Budget 2023: 30 hours free childcare for under-threes

Spring Budget 2023: Tax-free pensions allowance up by 50%

Spring Budget 2023: Government to focus on mental health and musculoskeletal issues at work

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Spring Budget 2023: Scheme launches to help disabled people to access work and support

Spring Budget 2023: Tax agents given access to payroll benefits in kind