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Spring budget 2017

Making Tax Digital - changes announced in the Spring Budget

In the Spring Budget 2017 the Chancellor Philip Hammond announced that the plans for the introduction of Making Tax Digital have been relaxed as a result of concerns raised to HMRC during the consultation period. 

What will be in the 2017 Spring Budget?

The Chancellor of the Exchequer, Philip Hammond, will present his first and last Spring Budget on Wednesday 8 March. The reason that this is a ‘one-off’ occasion is not because Mr Hammond is contemplating an exit from the role of Chancellor, but because on 23 November 2016, in his first and last Autumn Statement, he announced that in future the Budget would take place in the Autumn, and the Autumn Statement (which deals primarily with spending rather than tax decisions) would be abolished.  

Businesses place income tax reduction as first priority in our Spring Budget survey

Our Spring Budget survey has shown that businesses place income tax reduction as their number one priority for the Chancellor’s upcoming Budget.