Budget 2016: On a page | KPMG | UK

Budget 2016: On a page

Budget 2016: On a page

View key figures from the Chancellor's Budget statement.

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Head of Tax, Pensions and Legal Services

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Budget 2016: On a page

Key themes

Today’s Budget saw a series of tax raising measures announced. Labelled a Budget for the next generation there was focus on businesses and individuals. Key changes include:

  • Corporation tax reduction
  • Reductions in tax rates for oil and gas industry
  • Changes to SDLT regime
  • Reduction in capital gains taxIntroduction of lifetime ISAs

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