Autumn Budget 2017 predictions

Autumn Budget 2017

Discover the key budget announcements and RSM’s insights on the potential impact to individuals and businesses.

Autumn Budget 2017 with Jim Meakin

Autumn Budget 2017 overview

With the chancellor under such intense political and fiscal pressure – and with his personal future in doubt - it was difficult to know whether today’s Statement would go with a bang or a whimper. But with the OBR reducing its growth forecast from 2 per cent to 1.5 per cent for the coming year, the chancellor had little choice but to opt for the latter.

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Businesses

The big news was that the government will take steps to make sure digital multinationals pay their fair share of tax. The message is clear: if you’re going to operate in the UK, you’ll have to play by the rules. Other announcements focused on changes to R&D relief and the corporate indexation allowance. Find out what impact these updates will have.

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Autumn Budget 2017 with Mel Reed
Autumn Budget 2017 individual

Private client

The Autumn Budget held no great surprises for individual taxpayers, with a focus on entrepreneurial investment and tightening anti-avoidance. It is also welcome that the chancellor continues the commitment to raise personal allowances and the starting point for paying higher rate tax.

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Employers

There are few surprises in the chancellor’s Budget for employers in relation to employer tax compliance, rather the confirmation of reforms previously announced.

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Autumn Budget 2017 employers
Sectors

Sectors

Discover the key announcements related to the real estate and TMT sectors.
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Tax facts 2018/19

Your easy-to-use comprehensive guide to all the tax rates, facts and figures you need to know.

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Tax facts - 2018/19