Our editorial team are updating their source material for the Autumn Budget 2017. The following are a list of useful documents should you want to dig into the detail of the recent budget changes.
A further 192 pages are being added to the UK tax code. For those keen to look a PDF copy can be downloaded at https://publications.parliament.uk/pa/bills/cbill/2017-2019/0134/18134.pdf.
Practitioners looking for clarity on tax rates and allowances for 2018-19 will find a fairly comprehensive list here: https://www.gov.uk/government/publications/autumn-budget-2017-overview-of-tax-legislation-and-rates-ootlar/annex-a-rates-and-allowances.
Also of interest are past changes that will take effect from December 2017 or later:
| Measures announced at Spring Budget 2017 | |
| a | Making Tax Digital: one year deferral for businesses with turnover below VAT threshold |
| b | Stamp Duty Land Tax: delay reduction in payment window to 2018-19 |
| c | Packaging Recycling Targets: set rates for 2018-20 |
| d | Tax Credit Debt: enhanced collection |
| e | Dividend Allowance: reduce to £2,000 from April 2018 |
| Measures announced at Autumn Statement 2016 | |
| f | Company Car Tax: reforms to incentivise ULEVs |
| g | Offshore Tax: close loopholes and improve reporting |
| h | HMRC: administration and operational measures |
| i | Money Service Businesses: bulk data gathering |
| Measures announced at Budget 2016 | |
| j | Public Service Pensions: update to discount rate |
| k | Soft Drinks Industry Levy |
| l | Business Rates: switch from RPI in April 2020 |
| m | Corporation Tax: reduce to 17% in April 2020 |
| n | Corporation Tax: extend first year allowance and lower emission thresholds for business cars |
| o | Corporation Tax: defer bringing forward payment for large groups for two years |
| p | Self Employed: abolish Class 2 NICs |
| q | Business Energy: abolish Carbon Reduction Commitment and offsetting increase to Climate Change Levy |
| r | Carbon Price Support Rate: cap at £18/tCO2 in April 2019 and uprate in April 2020 |
| s | Aligning the tax and employer NICs treatment of termination payments and preventing manipulation of the rules |
| t | Value Added Tax: tackling overseas trader evasion |
| u | Help to Save |
| Measures announced at Spending Review and Autumn Statement 2015 | |
| v | Capital Gains Tax: reduce payment window for residential property |
| w | Insurance Premium Tax: reform to motor insurance claims rules |
| x | Making Tax Digital: reducing errors through record keeping |
| Measures announced at Summer Budget 2015 | |
| y | Residential property: restrict finance relief to basic rate, phase from 2017 |
| z | TV Licence: BBC funding for over-75s |
| Measures announced at March Budget 2015 | |
| aa | Company car taxation: 3ppt increase in 2019-20 |
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