Our next event

Making Tax Digital masterclass - Norwich

February 2019
View details

Our next event

Making Tax Digital masterclass - Norwich

February 2019
View details

Budget 2016: A summary


By: Marketing Team Date: 17 March 2016
Category: Alert

George Osborne presented the first Budget of this Parliament on Wednesday 16 March 2016.

In his speech the Chancellor reported on ‘an economy set to grow faster than any other major advanced economy in the world’.

We are pleased to provide you with this summary of changes and points raised.

Towards the end of last year the government issued the majority of the clauses, in draft, of Finance Bill 2016 together with updates on consultations. Publication of draft Finance Bill clauses is now an established way in which tax policy is developed, communicated and legislated.

The Budget updates some of these previous announcements and also proposes further measures. Some of these changes apply immediately, others in April 2016 and some take effect at a later date.

Our summary focuses on the issues likely to affect you, your family and your business. To help you decipher what was said we have included our own comments. If you have any questions please do not hesitate to contact us for advice.
 
Search our archive

Be sure to follow us on Vimeo for the latest videos from Lovewell Blake: t.co/walmuJgpGU
50 minutes ago

Listen out for Mat Waters on @BBCNorfolk this evening. He will be on air at 5.40pm for Teatime Money. t.co/ISlBoyqBbx
17 hours ago