One of the most crucial budget reports in recent times will be delivered on October 29, with key information relating to Brexit implications, pension changes, inheritance tax simplification, the Maxing Tax Digital initiative and more all set to be revealed by the Chancellor.
Tax specialists and advisors from Burgis & Bullock will be holding free seminars at the firm’s Stratford office on October 30 and at Ansty Hall, in Coventry, the following day to break down the crucial details to business leaders.
Sean Farnell, partner at Burgis & Bullock, said: “Philip Hammond’s budget on October 29 marks the final Government spending plan put forward before the United Kingdom leaves the EU in March 2019.
“This is the first time a budget has been revealed on a Monday and it has unusually been brought forward by two weeks, reinforcing that this is not a normal budget report.
“There is going to be a lot for people to digest, especially when you consider that Brexit negotiations aren’t complete and the uncertainty surrounding the political climate for the next five months leading up to that.
“We are also expecting a number of announcements relating to the Maxing Tax Digital initiative, which is something we are assisting a number of clients with at present.
“As widely reported it is expected that some tax rates will have to increase as part of the Government’s £40bn pledge for additional funding to the NHS - however there are also calls for significant tax cuts in the event of a no-deal Brexit.
“So this year promises to be a budget of surprises either way.
“Other things to look out for include further tightening of tax for contractors and an increase in stamp duty for foreign investors.
“We will have our experts on hand to break down all of this information in a clear and concise way, offering support and an overview of the key changes to those who attend.”
The briefings will take place between 11am and 2:30pm on each day, including time for lunch provided and networking.
To book your place, visit www.burgisbullock.com/events
