Budget Summary 2017

Budget Summary 2017

On Wednesday 8 March 2016 Chancellor Philip Hammond delivered his first Budget speech. So what exactly did the Chancellor say and, more importantly, what did it actually mean? 

We have made our Budget Summary to save you having to trawl through hundreds of pages of government and HMRC press releases. Our free downloadable summary of the main changes will quickly bring you up to speed and hopefully be a lighter read.

Budget announcements contain many fundamental taxation changes which will affect business and personal lives for the year to come. Written in plain English, we have broken our 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.

We hope the summary will provide an invaluable update for you and help you get to grips with the changes. However, despite HMRC’s assurances that ‘tax doesn’t have to be taxing’, recent years have seen a plethora of changes to the tax system. Shapcotts Accountants are here to help you navigate and plan your way through the tax maze so please do get in touch if you have any questions.

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