2018 Budget Summary & Implications

Budget 2018 Summary and Implications | Griffin Chapman
On Monday 29th October 2018 Philp Hammond delivered the Budget. So what exactly did the Chancellor say and, more importantly, what did it actually mean?
Our summary of this year's Budget is now available in this handy Budget 2018 PDF.
We've prepared this summary to outline the key points that are most likely to be of interest to you, including informative comments to help you assess the likely effect of the proposed changes and their significance.
In our summary we cover changes to:
  • Personal Tax
  • Business Tax
  • Employment Taxes
  • Capital Taxes
  • Other Matters
  • Rates and Allowances
    • Income Tax Rates
    • Income Tax Reliefs
    • Pension Premiums
    • Capital Gains Tax
    • Car, Van and Fuel Benefits
    • Mileage Allowance Payments
    • Individual Savings Accounts
    • Value Added Tax (VAT)
    • Statutory Pay Rates
    • Capital Allowances
    • National Insurance (NI)
    • Inheritance Tax
    • Corporation Tax
    • Stamp Duty and Stamp Duty Land Tax
    • Land and Buildings Transaction Tax

 As well as the full Budget Summary 2018, we've also created a quick and handy ‘latest rates and allowances reference guide

Published Date: 
Tuesday, 30 October 2018