Autumn Statement summary 2016/17

Phillip Hammond introduced his first Autumn Statement by effectively abolishing future Autumn Statements - to be replaced by a single Annual Budget in the Autumn.

There were no significant surprises, but instead the promise of investment in infrastructure projects in housing, transport and digital technology with the aim of increasing the UK's productivity in the immediate post Brexit period.

In terms of significant changes in taxation, a consultation is to take place on "equalisation" of tax for incorporated and unincorporated business, which is likely to result in increased taxation for entrepreneurial companies and their owners.

You now need to identify the likely impact of the changes announced on your own circumstances... and this is where we can help.

Autumn Statement uncovered will guide you through the impact of Wednesday's changes... alternatively, simply pick up the phone and speak with your usual Kreston Reeves contact for something more bespoke, or email enquiries@krestonreeves.com for further information.

If you have any queries regarding the Autumn Statement and how it may affect you, please speak to your usual Kreston Reeves contact or email enquiries@krestonreeves.com.

To download Autumn Statement uncovered please click HERE