Chancellor Phillip Hammond will deliver his first Spring Statement on Tuesday 13 March. However, this will simply be to respond to the latest figures from the Office for Budget Responsibility (OBR).
This is following the announcement in the Autumn Budget to move to a one fiscal policy update per annum.
We are, therefore, expecting a short comment from the Chancellor.
Regardless will, as always,keep you posted on any news that follows as a result.
Tax planning advice
In the meantime now is the perfect time to be looking at tax planning for the year ahead. Read our Tax planning advice blog post by Partner and head of MFW Tax Committee Martin Humphreys containing top tips to follow including our helpful Tax planning checklist.
Whilst our guide will point you in the right direction do always remember to seek professional advice to maximise on all tax opportunities available to you. Professional advice will take into account your own unique circumstances and provide the best level of tax advice for you.
If you need any help with tax planning, or indeed any other tax advice or assistance contact a member of our tax teams at your nearest MFW office.
MFW Tax Services
For a list of our tax services click here.
MFW Tax Investigation Service
Also find out more about our Tax Investigation Service to help protect you from the costs of a HMRC tax inspection.