Introduction

The Spring Statement 2019.

Call 01295 231700 or email info@handleysaccountants.co.uk

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.

In this report we concentrate on the tax consultations that were announced either at Spring Statement or in recent weeks and progress that has been made in the development of legislation from earlier consultations.

We also remind you of tax changes which take effect for 2019/20. The new timing of the Autumn Budget allows the announcement of most new measures well in advance of the tax year in which they are due to take effect.

You should contact us before taking any action as a result of the contents of this summary.

About our team

Handleys was established in 2016 by David Handley who has worked for two of the larger firms in the local area, for over 20 years building an enviable reputation for providing excellent advice and first class service to business and personal clients alike.

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01295 231700

Handleys Chartered Accountants, 10 Manor Park, Banbury, Oxfordshire OX16 3TB

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