Spring Budget 2017

Spring Budget 2017

Expert insight into the Chancellor's statement.

Expert insight into the Chancellor's statement.

Chancellor of the Exchequer Philip Hammond delivered what people had expected – a Budget of few surprises to provide a “strong, stable platform for Brexit”. Most of the key announcements were not strictly related to tax, with attention paid to the funding of adult social care in England and the upcoming revaluation of business rates. However, after the previous Chancellor announced that Class 2 National Insurance was to be abolished with effect from April 2018, the new Chancellor has announced an increase in Class 4 National Insurance contributions for the self-employed. 

For all our press coverage, please visit our Spring Budget 2017 press releases page.

View the recording and slides of our Spring Budget webinar.

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KPMG’s new-look website

KPMG has launched a state of the art digital platform that enhances your experience and provides improved access to our content and our people, whatever device you are on.

 
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Spring Budget 2017: Overview

Spring Budget 2017: Overview

The main measures from the final Spring Budget.

Spring Budget 2017 on a page

Spring Budget 2017 on a page

Key announcements from the Spring Budget for businesses, employers and individuals.

Spring Budget 2017: Individuals Overview

Confirmation that non-dom tax rule changes will go ahead from 6 April 2017.

 
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VAT - provisions for business to consumer phone service

From 1 August VAT will be due on mobile phone services used by UK consumers outside EU.

 
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HMRC Large Business Risk Review

HMRC are to launch a consultation on their process for risk profiling large businesses.

 
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Tax deductibility of corporate interest expense

Changes will be made to the draft legislation on deductibility of corporate interest.

 
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Leased plant and machinery taxation

Leased plant – changes will involve adapting the current system but not replacing it.

 
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