Philip Hammond has delivered his third Budget as Chancellor, announcing proudly that “austerity was coming to an end.” Many are sceptical of a budget which was billed by the Chancellor as helping hard working families, supporting our vital NHS, tackling our failing transport system and ensuring that multi-national tech giants pay their way. This is…
Outlined are some of the key changes from today’s Budget and also our professional view as to how it will affect you and your business:- National Living Wage will increase to £8.21 From April 2019 the National Living Wage will increase from £7.83 an hour to £8.21. This will benefit around 2.4 million workers,…
The Chancellor Philip Hammond delivered his Autumn Budget speech yesterday. His delivery focused on preparing the UK for a future after Brexit and for changes in technology that will affect government, businesses and individual taxpayers. Enclosed is a copy of WHA’s Autumn Budget Summary, outlining how the changes may affect you and your business. WHA…
This afternoon, the Chancellor Philip Hammond delivered his Autumn Budget speech, which from the outset focused on preparing the UK not only for the future with regards Brexit, but also the brave new technological world that will shape and change the lives of UK taxpayers and businesses. The information found within the Treasury’s budget report…
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;…
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.…
On 8th March 2017, Chancellor Philip Hammond delivered the last ever Spring Budget. Shortly, our tax team at WHA will publish their full spring budget report, but in the meantime enclosed is a summary of the major announcements and changes:- From April 2017: new announcements Package of measures to give some relief to those small…
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…
Today, Chancellor Philip Hammond delivered his first Autumn Budget. With the shadow of Brexit causing uncertainty for the UK economy’s growth, Mr Hammond has made a number of changes in an effort to reduce debt and increase growth. Here are some of the main changes as announced today:- Effective immediately • From 23 November 2016…
“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,…
