Our Comprehensive Autumn Statement 2016 Review

Philip Hammond delivered his first and last Autumn Statement today.  Starting in autumn 2017 there will be a Budget in autumn announcing changes well in advance of the start of the tax year and a Spring Statement responding to the forecasts from the OBR. This change will be welcomed by advisers who grapple with hundreds of tax changes twice a year.

There were no major surprises today and advisers will be pleased that dividends and entrepreneurs’ relief, two areas under fire in recent times, have been left alone.

The Gabelle team have put together a comprehensive review of the main points from today’s announcements.

I hope that you enjoy reading our analysis and if you want to talk through any of the detail please speak to one of the team.

Paula

 

OMB/Entrepreneurs

Private Client

Employment

VAT and Customs and Excise Duties

Compliance/Non Compliance

Anti-avoidance

Other