Budget 2017: What are the Government’s plans?

Autumn Budget 2017 Door No11

Autumn Budget 2017

MoneyPlus Features Team

16th November 2017 at 4:04pm

Chancellor Philip Hammond will reveal the Government’s plans for the economy and our taxes during his Budget 2017 announcement on 22 November.

As usual, we’ll be bringing you the Budget news during the day in our blog, on Twitter and Facebook.

We’ll also be asking you to share your thoughts on what it means for you in our poll.

Budget 2017 : A change of seasons

We’ve already had a Spring Budget this year, but the first Budget of the new Parliament will see it moving to a new and permanent Autumn slot.

There are good reasons why moving the Budget to Autumn makes sense.

Having the Budget in Autumn means people have more time to plan ahead for any tax changes that may apply from 6 April.

Starting in 2018, there will be an annual Spring Statement when the government updates Parliament on its spending.

It’s not expected to use the occasion to announce any major changes.

Tax and legislation may change. The information here is based on our understanding in November 2017. Your own circumstances will have an impact on tax.