Spring Budget 2017

09 March 2017

Summary of Philip Hammond's first and last Spring Budget.

"We are building the foundations for a stronger, fairer, more global Britain" - read our summary of the 2017 Spring Budget

  • Making Tax Digital - quarterly reporting delayed for 1 year
  • T-Levels - new qualification for technical education
  • R&D Tax Credits - moves to lower administrative burden
  • Self-employed NICs - rise to 11% by April 2019
  • Tax-Free Dividend Allowance - reduces to £2,000 from April 2018
  • New Tax Avoidance measures
  • Soft Drinks Levy introduction

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