Great Britain: a 2023 budget geared to ‘back to work’

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During his budget presentation on 15 March, UK Chancellor Jeremy Hunt, “by breaking down barriers that stop people”, called for a return to work by the over-50s, young parents and the disabled. For the over 50s, Mr. Hunt unveiled a series of tax incentives allowing the most qualified to work longer without any heavier fiscal burden. As part of this, the government will for instance, raise the annual threshold at which retirement savings are taxed from £40,000 to £60,000 pounds (€45,590 to €68,3

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