Amidst all the Brexit debates, the Chancellor Philip Hammond presented his second Spring Statement on Wednesday 13 March 2019.
In his speech, the Chancellor provided an update on the economy and responded to the Office for Budget Responsibility forecasts. In addition, he launched consultations on various aspects of the tax system together with updates on earlier consultations.
To help you to understand how these updates will affect you, we have produced a summary of the main changes broken down into the areas that are most likely to be of interest to you, including personal, business, employment and capital taxes.
If you have any questions, please do not hesitate to contact us for advice.