Autumn Statement 2023
Chancellor Jeremy Hunt presented the Autumn Statement on November 22, 2023.
This summary covers the Chancellor’s speech and the Autumn Statement 2023, revealing significant tax adjustments. It includes tables that detail primary rates and allowances. Toward the end of the summary, a tax year calendar highlights crucial deadline dates.
It is advisable to periodically examine your financial strategies since certain elements of the Statement will be executed at later dates.
Furthermore, we recommend regularly reviewing your financial plans, as some aspects of the Statement will not be implemented until later dates.
Of course, we are happy to discuss any points covered in this report with you and assist in adapting and reassessing your plans in light of legislative changes.
Contents include:
- Personal Insurance Tax
- Employees
- National Insurance Contributions (NIC)
- Capital Gains Tax (CGT)
- Inheritance Tax (IHT)
- Business Tax
- Corporation Tax (CT)
- Value Added Tax
- Stamp Duty Land Tax (SDLT)
- Other measures from the Autumn Statement as well as those previously announced.
We will be happy to help you adapt and reassess your plans in light of any legislative changes. Please contact Stuart Noakes, Head of Tax Services, on 01903 234904.
