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.
In our summary, we focus on the tax measures which may affect you, your family and your business. To help you decipher what was covered, we have included our own comments. If you have any questions please contact us for advice.