Spring Statement 2019Mar. 14, 2019, 11:36am
Philip Hammond presented his (Brexit affected and short) Spring Statement on Wednesday 13 March 2019.
So what exactly did the Chancellor say, and more importantly, what did it actually mean?
A summary of this year’s Spring Statement is now available – click here.
The Chancellor responded to the Office for Budget Responsibility’s economic forecasts, as well as reaffirming the fundamental taxation changes which will affect businesses and individuals in the new tax year. We have included informative comments to help you assess the likely effect that the proposed changes may have on you personally and their significance.
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 our observations on the more important changes, together with any planning points that may arise.
We hope the summary will provide you with a useful update and allow you to 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.