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Government repeals reforms to the IR35 rules The most read story of the month was related to the mini-budget and a measure introduced by chancellor Kwasi Kwarteng that most effects advisers. Kwarteng has repealed the changes to the IR35 rules introduced in April 2021. The rules were an attempt from HMRC to
The yield on two-year UK government bonds has jumped of 25 basis point following Kwasi Kwarteng's mini-budget. It has risen to 3.76%, its highest level since 2008. "Already, these concerns have weakened sterling & pushed up benchmark gilt yields," Charles Stanley Wealth Managers tweeted. IG Group chief market
Chancellor Kwasi Kwarteng confirmed that the pension charge cap will be reformed. This is to enable pension funds to invest more easily in UK assets. Kwarteng made the announcement at the mini-budget this morning (23 September).