Budget 2018: tax-related documents

All HMRC tax related documents and other announcements for Budget 2018.

The Chancellor of the Exchequer, the Rt Hon Philip Hammond MP, delivered his Budget 2018 to Parliament on 29 October 2018. Full details of all announcements, supporting documents and information are available from:

Measures with immediate effect from 29 October 2018

Tax information and impact notes

  1. Air Passenger Duty rates from 1 April 2020 to 31 March 2021
  2. Amendments to tax legislation to reflect EU exit
  3. Capital Gains Tax annual exempt amount for tax year 2019 to 2020
  4. Carbon Emissions Tax
  5. Changes to interest provisions for late payment, repayment and penalties
  6. Changes to residence nil rate band
  7. Changes to taxing gains made by non-residents on UK immovable property
  8. Changes to the Corporate Interest Restriction rules
  9. Changes to the VAT specified supplies anti-avoidance
  10. Changes to the VAT treatment of vouchers
  11. Controlled Foreign Companies and EU Anti-Tax Avoidance Directive
  12. Corporation Tax changes for hybrid and other mismatches regime
  13. Corporation Tax changes to the definition of permanent establishment
  14. Diverted Profits Tax changes
  15. Ending enhanced capital allowances for energy and water efficient plant and machinery
  16. First-year allowance for electric charge-points
  17. Gift Aid Small Donations Scheme changes
  18. Income Tax, Capital Gains Tax and Corporation Tax voluntary tax returns
  19. Income Tax Personal Allowance and basic rate limit from 2019 to 2020
  20. Increase in Alcohol Duty rates
  21. Increase of the Landfill Tax rates
  22. Increases to charities’ small trading exemption limits
  23. Minimum qualifying period extension for Entrepreneurs’ Relief
  24. Movement of soft drinks between the Isle of Man and UK under Soft Drinks Industry Levy
  25. New statutory remedy for advance Corporation Tax
  26. Offshore receipts from intangible property
  27. Penalty for late submission or failure to submit a return Soft Drinks Industry Levy
  28. Reduction of rate of special writing down allowance for capital allowances
  29. Reform of de-grouping charge rules in the corporate intangibles regime
  30. Remote Gaming Duty increase
  31. Stamp Duty Relief for Share Incentive Plans
  32. Structures and buildings allowance
  33. Tax avoidance involving profit fragmentation for Income Tax and Corporation Tax
  34. Tax Treatment of Social Security Benefits
  35. Taxation of hybrid capital instruments
  36. Temporary increase in the Annual Investment Allowance
  37. Tobacco products duty rates for 2018
  38. Van and fuel benefit charges for cars and vans from 6 April 2019
  39. VAT reverse charge anti-avoidance changes
  40. VAT reverse charge for building and construction services
  41. VAT thresholds remain unchanged
  42. Vehicle Excise Duty increases for cars, vans, motorcycles and motorcycle trade licences
Published 11 October 2018
Last updated 29 October 2018 + show all updates
  1. All HMRC tax related documents and other announcements for Budget 2018 have been added.
  2. First published.