budgets

Budget 2017

The Chancellor’s second Budget of 2017 

This Budget was a steady-as-she-goes, with a relatively modest net tax giveaway of just under £1.6 billion for the coming tax year.  The Chancellor main attention-seeking move was to give first time buyers an exemption from stamp duty land tax on the first £300,000 of value for properties worth up to £500,000. With income tax, the changes were much less dramatic – increasing both the personal allowance and the higher rate threshold by 3% – the standard inflation-linked increase.  There was better news for pension savers who enjoyed a £30,000 increase in the lifetime allowance and thankfully no cuts to the annual allowance.

For more details please see here

Spring Budget 2017

The Chancellor’s first – and last – Spring Budget

The 2017 Spring Budget will be the last of its type. Probably.

Read more: Spring Budget 2017

Spring Budget 2016

The third Budget in 12 months

This Budget looked as if it would be a difficult one for the Chancellor, faced as he was with disappointing economic numbers and the need to avoid ruffling feathers ahead of June’s in/out referendum. What was to have been the big announcement – reform of pensions – was kicked into the long grass a few weeks ago. Nevertheless, Mr Osborne did spring a few surprises, including some tax reductions.

For more details please see here

Summer Budget 2015

We’ve been waiting for this Budget with bated breath since the Conservatives won the election in May – and the Chancellor delivered a lot in his “big Budget” of Summer 2015. In many ways, Mr Osborne’s announcements this time around are more important than in March, as this Budget sets out many of the measures the Conservatives have wanted to put in place for some time.

Summer Budget

Spring Budget 2015

This year’s Budget was pretty political – which is no great surprise given the forthcoming general election in May. There can be little doubt that a number of the Chancellor’s measures were designed to attract voters. We heard lots of interesting announcements in this Budget but whether these proposals become legislation very much depends on the outcome of the election.

For more details please see here

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