Finance Bill 2017

Whilst Philip Hammond’s Budget on 8th March was the slimmest many tax experts can remember (at around 70 pages) the relatively new fashion of proposing changes more than 12 months ahead, means that many of the measures in this bill were proposed by George Osborne in the 2016 Budget, or even earlier.

We’re pleased though that we can generally ignore the 156 pages on corporate interest restriction, not relevant to businesses paying less than £2m in interest.