Philip Hammond delivered his first (and last) Spring Budget to Parliament on 8 March 2017 and demonstrated that he is a Chancellor capable of restraint. In addition to resisting the temptation to spend the windfall provided by the Office for Budget Responsibility’s higher forecast for economic growth, he reduced the often bewildering number of detailed tax rule changes from a torrent to a trickle.
As ever, there are winners and losers; the self-employed and those who receive dividend income will bear the brunt of the tax raising measures.
To find out more and learn how it might affect you, please refer to our March Budget 2017 booklet.
If you are having trouble viewing the online flipbook you can download a PDF version by clicking here.
If you wish to read the full statement published by the Government, this can be viewed here.