Proposed Rates and Allowances
These rates are mainly derived from the Chancellor’s Autumn Budget, the first for many years, and may be subject to change before the start of the new tax year.
This summary is published for the information of clients. It provides only an overview of the main proposals announced by the Chancellor of the Exchequer in his Budget Statement, and no action should be taken without consulting the detailed legislation or seeking professional advice. Therefore no responsibility for loss occasioned by any person acting or refraining from action as a result of the material contained in this summary can be accepted by the authors or the firm.