Spring Statement 2018

The Chancellor promised a Spring Statement devoid of mini-Budget trappings, and that is precisely what he delivered.  He announced no new spending or tax measures, despite the Office for Budget Responsibility (OBR) providing a marginally more upbeat forecast. Instead Mr Hammond used his despatch box time to review the economy and launch 13 consultations.

 

For further details on the announcements in this year’s statement download our PKF-FPM Spring Statement and if you wish to discuss your specific tax queries, please contact our Tax Executive Director, Anne Rooney at ap.rooney@pkffpm.com