This year’s Autumn Budget was presented earlier than usual, due in part to the crucial final stages of the government’s Brexit talks with the EU. Measures for businesses included a cut in business rates for small retail properties in England, together with an increase in the Annual Investment Allowance from £200,000 to £1 million. Individuals will benefit from an increase in the income tax personal allowance a year earlier than planned, in April 2019. The higher rate threshold will also increase at this time.
We’ve put together a Budget Newsletter with all the key points. We give you an overview of the announcements arising from the Chancellor’s speech, and consider how they could affect your personal and business finances.
Please click here to read our Budget Newsletter now.
You can also find more in-depth information in our app which includes fully updated ‘Budget News’. Just visit our home page for the link to download the app, or download it direct from the iTunes Store or Google Play (search for MyAccountants and then use the code ‘Liric’).