The Budget in bullet points

The Chancellor Philip Hammond announced the changes in his Autumn Budget earlier today. Enclosed are a list of key announcements from today’s budget and when the changes will take place:- With immediate effect: new announcements From 22 November 2017, Stamp Duty Land Tax (SDLT) abolished for first time buyers on homes costing up to £300,000;…

The Spring Budget 2017 – WHA Summary

In his last ever Spring Budget, Chancellor Philip Hammond promised that his government  would ensure the country had enough “fuel in the tank to go the distance” during the Brexit process. Other than “breaking” the Tory manifesto not to increase VAT, Income Tax or NI, the budget was not full of too many headline announcements.…

WHA Autumn Statement Review

  Since the days of Gordon Brown, there have been two showpiece performances by the Chancellor in the Commons each year: the March Budget, concentrating on tax, and the Autumn Statement, concentrating on spending. The new Chancellor, Philip Hammond, finished his first one with a significant cut – he thinks there should only be one…

Preview of the 2016 Autumn Statement

“Careful, considered and targeted” are the words uttered by the new Chancellor Philip Hammond, when questioned about potential fiscal boosts in the autumn statement.  Therefore, it’s safe to say we shouldn’t expect any major positive changes come next Wednesday.  Over the past 3 years, previous Chancellor George Osborne’s target was to reduce the UK’s deficit,…