Autumn Budget 2017 27/11/2017
Philip Hammonds first Autumn Budget reported on an economy that "continues to grow, continues to create more jobs than ever before and continues to confound those who seek to talk it down". It was light on tax content, but with some significant announcements.
We have highlighted below some of the main headlines:
Research and Development
An additional £2.3bn will be made available to fund an increase in the research and development tax credit to 12%. This will take effect from 1 January 2018.