Budget

Spring 2017 Budget Summary

March 10th 2017

Budget Statement 8 March 2017. Our summary of a selection of specific tax changes and other budget announcements for 2017-18 and future years follow.

Autumn budgets from 2018

December 9th 2016

Mr Hammond surprised listeners to his autumn statement speech when he said: This is my first Autumn Statement as Chancellor. After careful consideration, and detailed discussion with the Prime Minister, I have decided that it will also be my last.

Budget Statement - 16 March 2016

March 22nd 2016

A few surprises in the latest budget announcements that include: tax allowances for micro-business owners, a levy on soft drinks manufacturers, a reduction in the rates of Capital Gains Tax and a doubling of business rates relief for smaller concerns.

Small business changes

August 14th 2015

Summer Budget announcements: Some of the key changes that will impact small businesses in particular are set out below:

Summer Budget 2015 - Personal Tax Changes

July 14th 2015

Personal Tax

George Osborne has presented his first Budget without regard for coalition partners. The measures he has introduced recognise the need to incentivise individuals and businesses, with the promise to balance the nation’s books and reduce debt. We have summarised below some of the more impactful personal tax changes.

Summer Budget 2015 - Business Tax Changes

July 14th 2015

Business Tax

George Osborne has presented his first Budget without regard for coalition partners. The measures he has introduced recognise the need to incentivise individuals and businesses, with the promise to balance the nation’s books and reduce debt. We have summarised below some of the more impactful business tax changes.

Summer Budget 2015 - Savers and Investors Changes

July 14th 2015

Savers and investors (including property investors)

George Osborne has presented his first Budget without regard for coalition partners. The measures he has introduced recognise the need to incentivise individuals and businesses, with the promise to balance the nation’s books and reduce debt. We have summarised below some of the more impactful changes affecting savers and investors.

Summer Budget 2015

July 3rd 2015

Next week, Wednesday 8th July, George Osborne will present his first budget of the new parliament. He has indicated that there will be no hikes in the major taxes: Income Tax, National Insurance, VAT and Corporation Tax. We shall see...

The missing clauses

June 17th 2015

In order to process the Finance Bill 2015 through the parliamentary procedures before the recent election, certain clauses were deferred. It is likely that the deferred clauses will be reintroduced in the summer Budget, 8 July 2015.

2015 Budget Summary Report

March 20th 2015

George Osborne has presented his 6th and final Budget before the coming election in May. We have summarised below some of the more impactful changes. As ever, he was caught between the need to rebalance UK plc’s books and sweeten election prospects with Budget giveaways. As far as can be ascertained he resisted the latter strategy in favour of the former.