Budget tax changes – data source

Last week’s Budget 2018 announced a number of changes to the main Income Tax rates and allowances for the 2019/20 tax year.

HMRC has published an annex, which includes the main rates and allowances announced in the Budget 2018, and is useful as a single point of reference for the latest changes. The annex also covers all announcements made at Autumn Budget 2017 and subsequently.

Categories comprise:

• Personal tax and benefits
• Company car tax
• National Insurance contributions (NICs)
• Working and child tax credits, child benefit and guardians allowance
• Capital, assets and property (includes pensions)
• Business and financial services
• Indirect tax.