New UK Chancellor Sajid Javid has spoken of preparing an ‘Emergency Budget’ in the case of a no-deal Brexit, which would see numerous tax changes that, if implemented, could have a significant effect on tax payers, particularly within the higher-rate tax band.
With speculation persisting that a Budget may be called ahead of the 31 October Brexit deadline, potentially shortly after the Conservative Party conference, James Hender and Lucy Brennan, partners in the private wealth group at accountancy firm Saffery Champness, explained the significance of Mr Javid’s appointment and what it could mean for the UK's future tax polic...