The Budget: Autumn 2018
The Chancellor Philip Hammond presented his second Autumn Budget on Monday 29 October 2018. In his speech he stated that ‘austerity is coming to an end – but discipline will remain’. He also promised a ‘double deal dividend’ if the Brexit negotiations are successful but stated that there may be a full-scale Spring Budget in 2019 if not.
We have included separate articles on some of the key announcements, please see below:
- Personal tax allowance and basic rate band increases
- Capital allowances changes
- Entrepreneurs’ Relief changes
- Making Tax Digital for VAT public pilot opens and deferral for some businesses
- New guidance for employers
- Further contingency planning guidance on a ‘No deal Brexit’
We will keep you informed of developments.
For more information, visit: GOV.UK Budget 2018
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