2017 Buffery & Co – Autumn News

Philip Hammond, the Chancellor of the Exchequer, will deliver his next Budget
speech on 22 November 2017. This will not be a half-hearted Autumn Statement,
but a full-thrust Budget, with proposals designed to brace the economy for
Brexit turbulence.

Hammond decided to move the main Budget event from the Spring to the
Autumn to allow time for consultation on new tax measures before they are
implemented from April 2018. This should avoid the retrospective imposition of tax
changes, which tends to happen when draft tax law is released in March to apply from
the next 1 or 6 April, but the Finance Act introducing that law is not passed until July.

Read our 2017 Autumn News