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Industry reacts: Accountants welcome NI cut despite fiscal drag concerns

The Chancellor of Exchequer Jeremy Hunt delivered the Autumn Budget on Wednesday 22 November, in which full expensing has been extended allowing businesses to write off the cost of machinery investment

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The accountancy sector has primarily welcomed plans to make full expensing permanent for businesses as well as a 2% cut in employee national insurance, as unveiled by the chancellor Jeremy Hunt in the Autumn Budget yesterday (22 November).

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