Archive | Budget

The residence nil rate band is coming soon

From April 2017, the residence nil rate band comes into being. The Conservative Party’s manifesto for the 2015 election promised to “take the family home out of tax by increasing the effective Inheritance Tax threshold for married couples and civil partners to £1 million.” The legislation which starts the first stage of this process comes […]

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2017 will be the last Spring Budget, so read this.

The Treasury has announced the date of the 2017 Budget. Shortly before Christmas the Treasury announced that the 2017 Spring Budget will be on Wednesday 8 March. In November 2016 Mr Hammond announced he would be moving the main budget announcements to the autumn, something that we have not seen since Ken Clarke was Chancellor […]

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