Tax Rates for 2018/19

The last Autumn Budget was delivered in 1996, this Budget saw the return to an Autumn release for all out key updates, but what do these mean for you?

Autumn Budget 2017

Autumn Budget 2017

As we might perhaps have anticipated as we transition from spring to autumn Budgets and with a huge Finance Act having received Royal Assent recently, this Budget comes across as a bit of a holding operation. Much of the tax content seems to be to do with things that will happen, may happen, or may even not happen, at some point in the future. A number of consultation documents, technical notes, calls for evidence etc. are due to be published soon, and many more are due at various times in 2018. The main headline announcement was probably the abolition of stamp duty land tax for first-time buyers purchasing homes for up to £300,000.

What was important however, is that the Autumn Budget 2017 set out the tax rates for the next financial year.  For a full round up of all the tax rates for 2018/19, please download our Tax Rates summary below.