The Chancellor, Philip Hammond, presented his Spring Statement on Tuesday 13 March 2018.
Although the general process of developing tax policy will remain the same, his statement highlighted a number of significant changes to the timescales for policy making and consultation.
His view is that the changes will allow the government more time to scrutinise and consult on draft tax legislation before it is introduced, and offer an opportunity for the government to consult during the early stages of policy making and publish calls for evidence on long-term tax policy issues.
Our Summary provides an invaluable update on personal, business, employment and capital taxes and will help you get to grips with the various changes.
Download the statement here.
If you have any questions please contact us for advice.