Yesterday Philip Hammond delivered his first Autumn Statement with plans for investment and spending outlined for the UK in the run up to Brexit. We have studied the statement in detail and produced a plain English guide to the changes and policies the Treasury has introduced. This is the Chancellor’s first and last Autumn Statement. The Budget, announcing changes well in advance of the start of the tax year, will move to the autumn starting in 2017. There will also be a Spring Statement that will respond to the forecasts from the Office for Budget Responsibility (OBR).
Our summary will help you navigate your way through the changing economic landscape. Contact us at any time for advice about tax planning and other accountancy services and our experienced and expert staff will give you all the support your business needs.
Please see here for the Kingly Brookes guide to the Autumn Statement 2016