Introduction
Budget 2027 was presented as setting out a path to bring us to a place in which work is rewarded, risk repaid and investments in our future can bear fruit. Whilst such sentiments are noble, the focus of the Budget tax measures was almost entirely on addressing the cost of living pressures for middle income earners through tax reductions which were largely publicised in the media in advance of the Budget being delivered.
In this Bulletin, we highlight some of the more substantive taxation measures announced in the Budget speech of Minister Harris. Whilst the real detail surrounding many of these changes will be contained in the Finance Bill, we have addressed some of these measures below.