Get ready for the second Budget of 2015

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Last month’s unexpected election result has been followed by the not so unexpected announcement of a second 2015 Budget. Quite what it will be about is unclear for now – the Treasury’s press release gave little more than the date.

In terms of what was in the Conservative manifesto on tax, there are two measures that could be fleshed out next month that were not mentioned in the March Budget:

Of course, manifesto pledges often change form on their way to statute, so there is still considerable room for manoeuvre in the weeks and months ahead. For more Post-Budget updates, please keep an eye on our Latest News web page.

The value of tax reliefs depends on your individual circumstances. Tax law can change. The Financial Conduct Authority does not regulate tax advice.

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