22nd November 2017
Increases to business rates will switch from the RPI measure of inflation to CPI from April 2018. This is 2 years earlier than planned.
Revaluation of business rates will take place every 3 years after the next revaluation.
The VAT threshold will remain at £85,000 for the next 2 years.
Online marketplaces and sellers will be jointly liable for VAT.
Research and development
Research and development expenditure credit will increase to 12% from 1 January 2018.
The indexation allowance for capital gains tax will be frozen. Companies will be able to get relief for inflation until January 2018.
Investment limits for knowledge-intensive companies will be doubled.
An in-depth Autumn Budget report will appear on our website on Thursday 23 November 2017.