On 23 November 2016, UK Chancellor of the Exchequer Philip Hammond delivered the Autumn Statement 2016 to parliament. The main tax-related measures include:

Individual Income Tax

The individual income tax brackets and threshold will be as follows from 6 April 2017:

• up to GBP 33,500 - 20%
• GBP 33,501 up to 150,000 - 40%
• over GBP 150,000 - 45%

The annual personal allowance will be increased …

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