Introduction

The Spring Statement 2019.

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.

© 2024 Tussies Chartered Accountants. All rights reserved. We use cookies on this website, you can find more information about cookies here. powered by totalSOLUTION

Tussies Chartered Accountants is the trading name of:
Tussies Limited Registered office Tussies Chartered Accountants, 31 Wilmslow Road, Cheadle, Cheshire SK8 1DR Registered in England and Wales 03143582

Company details

Read our terms and conditions here | Read our Privacy Notice here