As Chancellor Philip Hammond prepares to make the 2019 Spring Statement this afternoon amidst Brexit chaos, according to partner Nimesh Shah at accounting, tax and advisory firm Blick Rothenberg there will not be any significant tax changes announced in the statement.

The Chancellor saw a record surplus in public finances in February, with £5.5 billion more received than in the same period in the previous year. It is unlikely that the Chancellor would use the surplus for any major tax giveaways, and is likely to keep the funds in reserve as Brexit contingency fund, he said.