Recruitment Sector | Budget 2017 Update

Budget 2017 Recruitment Update

Yesterday, the Chancellor delivered the Budget 2017. It was a ‘balanced’ Budget that would lay the foundations for a ‘prosperous and inclusive future’.
On the whole there were no shock announcements. However, in the documents released after the Budget there was a note on the off-payroll working rules. As feared, the government will “carefully consult on how to tackle non-compliance in the private sector”, which may be to extend the IR35 reforms to the private sector. We will keep you updated on any further changes.
Further announcements involved:
1. Personal Taxation and Wages
2. Business Tax
3. Stamp Duty and Housing
4. Tax Revenues
 
Recruitment Sector | Budget 2017 Update
To discuss the announcements in more detail, contact lee.manning@raffingers.co.uk.