Jennifer Parnell looks at the key issues likely to affect individuals and businesses following the chancellor’s latest announcements
The month of March saw Philip Hammond present his second, and potentially his last, set of budget announcements as chancellor of the exchequer. There were some highs and some lows presented. With the recent announcement of a general election to take place on 8 June, it remains to be seen whether a new government will honour these most recent changes or not.Personal taxation
As has been the case for several tax years now, the personal allowance has increased to £11,500 for 2017/18, with the higher rate threshold rising by £2,000 to £45,000. The national insurance contribution upper earnings limit and upper profits limits have increased for 2017/18 in ...
This article is part of our subscription-based access. Please pick one of the options below to continue.
Already registered? Login to access premium content
The Corporate IP Licence is tailored to your firm, making it the most cost effective way for the firm to access Solicitors Journal, and enables the firm to remain compliant with copyright and our Terms and Conditions. This gives you the ability to print and circulate articles within the firm.
To enquire about a Corporate IP Licence for your firm, please contact our Subscriptions Manager on firstname.lastname@example.org.