Scottish Budget 2018: Everything you need to know

As Brexit and economic uncertainty continues, Scottish Finance Secretary Derek Mackay set out the tax and spending agenda for the year ahead at Holyrood on Wednesday 12th December. Beginning his delivery, Mackay outlined a vision of building a ‘strong and stable’ government that would ‘safeguard’ Scotland during the Brexit process. While Chancellor Phillip Hammond declared […]

Autumn Budget 2018: Were you a winner or a loser?

Will you be better or worse off because of today’s Budget? In a relatively quiet Budget our summary answers that question, please read on to find out. Winners Earners The personal allowance and higher rate threshold will increase earlier than expected to £12,500 and £50,000 respectively from April 2019. The income tax rates and bands […]

Autumn Budget 2018: Everything you need to know

Just after 3.30 pm today the Chancellor, Philip Hammond, stood up to deliver the first Budget on a Monday since 1962 and the last before Brexit. He started by saying this would be a Budget for “hard-working families … who live their lives far from this place … and care little for the twists and […]