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The Spring Budget 2017 review


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The 2017 Spring Budget was announced 8th of March, but what did it have in store for Limited Company contractors? In our free Budget review we explore:

  • the main Budget tax proposals
  • increases to the Class 4 National Insurance rates
  • a reduction in the Dividend Allowance
  • changes to the timing of Making Tax Digital for smaller businesses.

 

Previously announced measures include:

  • increases to the personal allowance and basic rate band (a decreased band for Scottish residents)
  • the introduction of the Apprenticeship Levy
  • changes to corporation tax loss relief
  • the introduction of an additional inheritance tax residence nil rate band
  • changes for non-UK domiciled individuals.

 

Don’t be left in the dark when it comes to the Spring Budget, download our free review today.