Chancellor Philip Hammond’s first, and last, Spring Budget was delivered at a pivotal moment for the UK as it readies itself to begin the process of leaving the EU. The Chancellor will announce a second Budget in the Autumn as the Treasury changes to the new financial cycle from 2018.
To help you understand the Budget announcement, we have published our comprehensive summary, Spring Budget uncovered, which will guide you through the impact of the changes.
We have also detailed the key implications of how the Budget will affect personal finances and small and medium sized businesses below:
- The top five personal finance implications from the Spring Budget by Bryan Elkins, Partner and Head of Taxation
- The top seven implications of the Spring Budget for small and medium sized businesses by Laurence Parry, Tax Partner
If you have any queries regarding the Budget announcement or you would like to understand the impact of the changes on your circumstances, we'd be happy to discuss these with you. Please speak to your usual Kreston Reeves contact or email firstname.lastname@example.org.