The Chancellor, Jeremy Hunt, delivered his Autumn Statement on Wednesday 22 November, where he set out the Government's tax and spending plans, accompanied by a fiscal forecast from the OBR.
Autumn Statement 2023 - What are the new tax cuts?
The new measures announced reflected the current economic environment of high inflation and ongoing cost of living crisis, with the Government’s key aims of reducing debt and getting control over the UK economy.
The Chancellor stated that the measures announced aim to remove barriers to investment and reward effort and work. Controlling inflation remains a priority, with many measures announced to support businesses.
Autumn Statement 2023: Reactions and Analysis
Autumn Statement 2023 - Business Taxes
Businesses have been crying out for a bold plan for growth and productivity – did the Autumn Statement address this?
Autumn Statement 2023: Personal Taxes & Inheritance Tax
National Insurance cuts were the headline grabber for individuals.
Watch our Autumn Statement 2023 reviews
Autumn Statement 2023 review
Autumn Statement 2023 first reactions
Autumn Statement 2023 and what it means for ISAs schemes
Government must learn lessons from past investment zones
Autumn Statement 2023 was a missed opportunity to support more housebuilding
Autumn Statement 2023: A review of Plastic Packaging Tax
Autumn Statement 2023: GloBE Model Rules (Pillar 2) Updates
Autumn Statement 2023: VAT relief on sanitary products now extended to period underwear
Positive measures announced for the Automotive sector in the Autumn Statement
Chancellor's Autumn Statement fails to illuminate the UK’s Green Future
SMEs badly short-changed by Autumn Statement R&D reforms
New R&D scheme helps ‘risk takers’ but still poses challenges due to contrasting nature of rules
Autumn Statement 2023 and what it means for National Insurance
Autumn Statement 2023: Absence of Industrial Strategy an own goal for the Chancellor
Autumn Statement 2023: Full Expensing Forever?
Autumn Statement 2023: Enterprise Investment Scheme and Venture Capital Trusts scheme extension
How did the Autumn Statement impact Scotland?
Autumn Statement 2023: How will the changes to NIC affect workers?
Pre-Autumn Statement Insights
Autumn Statement 2023 Wishlist
Can the Chancellor cut tax bills at the Autumn Statement 2023?
Autumn Statement 2023 & Employee Ownership Trusts
Government needs to fix the broken Bank Referral Scheme to improve access to finance for SME’s.
Inheritance Tax: Should we abolish or reform?
Tax changes possible, but fiscal fireworks most likely to come in Spring 2024
Will increasing ISA allowances boost investment into UK businesses?
Scotland awaits the Chancellor’s Autumn Statement with great interest
The Chancellor must support widespread Electric Vehicle adoption
Chancellor needs to unlock greater sustainable investment through new incentives for businesses hit by Electricity Generator Levy
Chancellor should scrap Stamp Duty and incentivise investors to enter buy-to-let market
Tax measures from the Autumn Statement will have wide-ranging impacts on industries and businesses across the UK. Our tax experts and industry specialists will be happy to help you adapt and reassess your financial plans in the light of any tax cuts and legislative changes arising from these fiscal announcements.
Contact your usual MHA representative or your nearest office at any time to discuss your tax matters further or for guidance on the measures announced, and we will be happy to assist with any queries.