Preview of the Budget in November 2017


Budget statement in March 2017. More
Budget statement in November 2016. More
Next Budget on Wednesday 22nd November 2017
Chancellor Philip Hammond is due to present his next Budget statement to the House of Commons on Wednesday 22nd November 2017. It's likely his statement will focus on measures that would boost Britain's roads and railways together with measures to help build more houses. Possibly there may be yet more changes to stamp duty and possibly fuel and insurance taxes.

What could we see of interest to classic car enthusiasts? Well in previous Budgets we have seen measures to crack down on whiplash claims and other claims involving fraudulent claims. Press reports ear;ier this year suggested motor insurance premiums might rise because a change in the way compensation is calculated and we have heard this may be the case. Will the welcome fuel duty freeze seen for well over four years was continue? See our NEWS item on premium increases. More

The statement is expected to start at 12.30pm following Prime Minister's Questions. As usual we will have a prompt report on the statement and the measures announced of interest to classic motoring enthusiasts posted here within an hour or so of the Chancellor sitting down in the House of Commons.

See press views on the Budget Statement. Deloitte

See the GOV.UK website announcement. More

See a guide to Budget statement buzzwords. More
Posted: 171007
V8 Register - MG Car Club - the leading group for MG V8 enthusiasts at www.v8register.net