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Spring Statement 2018 – Summary

The Chancellor Philip Hammond presented his first Spring Statement on Tuesday 13 March 2018.

In his speech he provided an update on the economy and responded to the Office for Budget Responsibility forecasts. In addition he launched consultations on various aspects of the tax system.

We have put together a summary which concentrates on the tax consultations that were announced either at Spring Statement or in recent weeks and includes a reminder of tax changes which take effect for 2018/19. To read our summary please click here.

If we can be of any assistance to you, your organisation or your clients regarding tax changes or with general financial advice, please telephone your usual contact partner or contact a member of the tax team below.