Spring Budget 2017

09 March 2017

Summary of Philip Hammond's first and last Spring Budget.

"We are building the foundations for a stronger, fairer, more global Britain" - read our summary of the 2017 Spring Budget

• Making Tax Digital - quarterly reporting delayed for 1 year
• T-Levels - new qualification for technical education
• R&D Tax Credits - moves to lower administrative burden
• Self-employed NICs - rise to 11% by April 2019
• Tax-Free Dividend Allowance - reduces to £2,000 from April 2018
• New Tax Avoidance measures
• Soft Drinks Levy introduction