Summary of Spring Budget 2017

Summary of Spring Budget 2017

On Wednesday 8 March Chancellor Philip Hammond presented the Spring Budget 2017. We have created a document that you can download here and read our summary by clicking this link: pdfSpring Budget 2017.

In the Budget speech, the Chancellor announced that he has requested a report 
to be delivered in the summer on the wider implications of different employment practices. Also, the Budget included changes to NICs and the Dividend Allowance.

In December and January, the government issued several clauses, in the draft, of Finance Bill 2017 together with updates on consultations.

The Budget updates some of these previous announcements and proposes further measures. Some of these changes apply from April 2017 and some take effect later.

The document shows the impact of the Spring Budget on all these areas;

  • Personal Tax
  • Business Tax
  • Employment Taxes
  • Other Matter
  • Rates and Allowances

Our summary focuses on the issues likely to affect you, your family and your business. To help you decipher what was said we have included our own comments.

If you have any questions please do not hesitate to contact us for advice, you can email us at This email address is being protected from spambots. You need JavaScript enabled to view it. or call 01623 490120.

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