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Tax Developments Anticipated in 2017
With the two year period for negotiating the UK’s exit from the EU due to start by the end of March 2017, and with the US poised for change under a new president, it is more difficult than usual to predict what will happen over the next twelve months. There will be two budgets in 2017 – a spring Budget on 8 March 2017 and one in the autumn. This may result in a larger number of surprise announcements from a government responding to wider political and economic pressures. The timetable for future Finance Bill legislation will take full effect in 2018.
Some confirmed developments in 2017 include:
Posted in: Business & Commercial, Buying & Selling Property, Tax, Wills and Probate, Wills, Trusts & Probate
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