Autumn Budget 2018 The Chancellor Philip Hammond presented his second Autumn Budget on Monday 29 October 2018. In his speech he stated that 'austerity is coming to an end - but discipline will remain'. He also promised a 'double deal dividend' if the Brexit negotiations are successful but stated that there may be a full-scale Spring Budget in 2019 if not. Main Budget tax proposals increases to the personal allowance and basic rate band extending off-payroll working to medium/large organisations in the private sector a temporary increase to the Annual Investment Allowance freezing the VAT registration threshold for a further two years changes to Entrepreneurs' Relief and private residence relief measures to tackle the plastic problem. Previously announced measures include: increases in car benefits plans for Making Tax Digital for Business extending the charge to gains on non-UK residents of non-residential UK property. Our full report on the Autumn Budget can be found here.