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Autumn Budget 2017

Autumn Budget 2017

Expert insight into the Autumn Budget 2017.

Expert insight into the Autumn Budget 2017.

With a difficult backdrop to the economy and forecasts of lower growth the Chancellor delivered a Budget with few surprises which will be a relief to many.  

Enhancements to the R&D regime will be welcomed as a lever to encourage investment and innovation and maintain competitiveness post-Brexit. Alongside the introduction of a tax on certain royalty payments the Government has also invited views on taxing the digital economy. A number of consultations were also announced around the taxation of work which employers will want to keep an eye on. Business will welcome the opportunity to engage in what could be significant future change. Within a boost for housing there was a measure of relief for first time buyers purchasing homes below £500,000. One surprise, however, was the extension of the current non UK resident capital gains tax regime to include commercial property and the disposal of property rich companies.  This will warrant further examination.  

To analyse Philip Hammond's announcements, we hosted our Autumn Budget 2017 webinar this morning.  Listen to the recording of the webinar or view the sides

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

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