Budget 2018

Oct. 30, 2018, 10:13am

Budget 2018

Mmm… a Pre-Brexit, Post-austerity Budget from Hammond…

 

On Monday 29 October 2018 Philip Hammond delivered the last Budget before Brexit. So what exactly did the Chancellor say and, more importantly, what did it actually mean?

 

A summary of this year’s Autumn Budget is now available – click here.

Budget announcements contain many fundamental taxation changes which will affect our business and personal lives for the year to come.

Written in plain English, we have broken the summary down into the main areas of taxation, including business and corporate, employment, personal and capital. We have also included comments on the more important changes, together with any planning points that may arise.

The Government reserve the right to make changes to fiscal policy at the Spring Statement if the economic circumstances require it. With the uncertainty surrounding Brexit these changes could include amendments to tax rates and allowances.

The Spring Statement will take place in March 2019 and we will update you on pertinent announcements.

Budget 2018

The summary provides an invaluable update for you and will help you get to grips with the changes. It will remain on our site for you to refer to as and when you need it but if you have any questions, don’t forget we are here to help you navigate and plan your way through the tax maze.

If you have a question concerning any of the issues covered in this summary, or would like advice on the best possible course of action in a particular area, please do not hesitate to contact us.

We Think. You Gain.

The information in this blog is provided ‘AS IS’ with no warranties, and confers no rights.
Yes, we are accountants, but if we are not your accountant this article does not create a client relationship. This blog is technical/ tax information and should not be seen as advice. All circumstances are different – you should consult with an accountant/ tax adviser before you rely on this information.
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