Speculation ahead of the Spring Budget on 8 March

The Chancellor of the Exchequer, Philip Hammond, will announce the Spring Budget on Wednesday 8 March, with the associated Finance Bill 2017 published on 20 March. Speculation on the content includes a ‘death tax’ and a potential cap on the cost of long-term care, reports Money Marketing. Practical Law says the Budget might include outstanding details of the Making Tax Digital project, details on the proposed changes to partnership taxation put forward in the 2016 Autumn Statement, and confirmation of the abolition of permanent non-dom status.