Welsh Government

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Autumn Budget 2017

The UK Government has published its Autumn Budget, here are some key points:

  • vehicle excise duty for diesel cars that do not meet latest standards to rise by one band in April 2018

  • fuel duty rise for petrol and diesel cars scheduled for April 2018 scrapped

  • tax hike will not apply to van owners

  • existing diesel supplement in company car tax to rise by 1%

  • tax-free personal allowance on income tax to rise to £11,850 in April 2018

  • higher-rate tax threshold to increase to £46,350

  • national Living Wage to rise in April 2018 by 4.4%, from £7.50 an hour to £7.83

  • VAT threshold for small business to remain at £85,000 for two years

  • charges on single-use plastic items such as coffee cups and polystyrene takeaway boxes to be looked at

For further information please visit the GOV.UK website.

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