To mark Chancellor Phillip Hammond’s second budget we have created a downloadable document with a complete overview of his announcements.
With the background of a potential economic downturn and continuing political uncertainty surrounding Brexit negotiations , the Chancellor did not have lots of room for manoeuvre. However there were one or two pleasant surprises to brighten up the gloom.
Some the key points that you will find are elaborated upon in our overview are:
- Stamp Duty Relief for first-time buyers
- Changes to personal allowances
- No changes for NIC and tax rates
- Increase in EIS tax relief for tech firms
Take a look at the overview and, of course, get in contact with us to discuss any issues raised.
Lewis Smith & Co. – Accountants for Kingswinford businesses