Introduction

Amidst all the Brexit debates, the Chancellor Philip Hammond presented his second Spring Statement on Wednesday 13 March 2019.

In his speech the Chancellor 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 together with updates on earlier consultations.

In this report we concentrate on the tax consultations that were announced either at Spring Statement or in recent weeks and progress that has been made in the development of legislation from earlier consultations.

We also remind you of tax changes which take effect for 2019/20. The new timing of the Autumn Budget allows the announcement of most new measures well in advance of the tax year in which they are due to take effect.

You should contact us before taking any action as a result of the contents of this summary.

Home | Contact the team | Site map | Accessibility | Disclaimer | Help | powered by totalSOLUTION. © 2019 Lawes and Co. All rights reserved.
Lawes and Co, Boyce's Building, Regent Street, Clifton, Bristol BS8 4HU

Lawes & Co. and Lawes are the trading names of Lawes & Co UK Limited. Registered in England and Wales No. 08462322. Registered office: Boyce's Building, 40 – 42 Regent Street, Clifton, Bristol, BS8 4HU
Registered to carry on audit work in the UK and regulated for a range of investment activities by The Institute of Chartered Accountants in England and Wales.
We use cookies on this website, you can find more information about cookies here.