The chancellor, Rishi Sunak, delivered his spring statement this afternoon (Wednesday, 23 March) including a new tax plan and other measures to address the cost of living crisis.
“We look forward to working with the UK government on the proposals and reforms to unlock growth,” said Law Society of England and Wales president I. Stephanie Boyce.
“Legal services make an enormous economic contribution to the UK and a healthy legal system is vital for individuals and businesses.
“We are keen to engage with the government over the plan to help design a tax system that works for legal services and allows us to get on with supporting people and businesses across the economy.
“We also welcome plans to explore whether the current tax system – including the operation of the Apprenticeship Levy – is doing enough to incentivise businesses to invest in the right kinds of training, an issue we have previously raised.”
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