UK HM Treasury has announced the start of tax cuts for small businesses on 6 April 2022. --- Tax cut worth up to £1,000 for half a million small businesses starts today Nearly half a million UK businesses will benefit from a tax cut worth up to £1,000 from today (6 April 2022). Tax cut worth up to £1,000 for eligible businesses announced by the Chancellor at the Spring Statement takes effect today. Increase in Employment Allowance from £4,000 to £5,000 benefits around 495,000 businesses - 30% of all UK firms. Takes the total number of firms not paying the...