Income tax . . .
As from April 2018 the personal allowance for income tax rises to £11,850.
Corporation tax for the financial year 2019 will be 19%, going down to 17% in 2020.
Annual Investment Allowance (AIA) goes up. Companies will be able to claim £1 million AIA from 1st January 2019 to 31st December 2020.
Business rates for companies with a rateable value of £51,000 or less will be reduced by a third over 2 years.
Fuel duty has been frozen for the 9th consecutive year.