Despite some high-profile giveaways from the Chancellor’s second Budget of 2017, the message was very much one of continuity and a desire for stability.
But the Budget is already last year’s news, and all eyes are on the future. With proposed consultations for VAT and the IR35 rules, employment law changes coming from the gig economy and, crucially, the ongoing Brexit negotiations, there is much uncertainty to come. The more radical changes have been proposed by the Scottish government, in the form of their new rates and thresholds for income tax. The changes, due to be voted on by the end of February, if passed into law would represent a major step away from Westminster policy.
Keith Relf, Managing Director of Pembroke Financial Services of Shoreham comments “Whilst we await the form of major changes in the future, we have taken the time to review our full range of Key Guides, bringing them in line with the new updated rates, allowances and charging schemes. Our early 2018 updates include up-to-date guidance on income tax, state pensions, market investment performance and corporate capital gains.”
We’ve also updated the rest of the series, meaning we can offer you in-depth and up-to-date advice on topics like: