Summary

The OBR figures handed Mr Osborne around £27billion wriggle room and he moved to depict the Government as “the guardians of economic security.”

He used the room for manoeuvre to ditch his controversial cuts to tax credits and protect police budgets, perhaps hoping to neutralise his opponents’ main lines of attack.

For employers there were not too many surprises, with many of the proposals, such as those concerning business rates and enterprise zones, having already been trailed earlier this year.

Pensioners and low-earners will be among the main beneficiaries of the measures announced, but the news about a new rate of stamp duty is likely to be a big blow for buy-to-let landlords.

Back to Autumn Statement

Wilder Coe Ltd
Our mission is to care for each of our clients so that their expectations and goals are met and exceeded. So whether you’re looking for tax minimisation, wealth maximisation or simply a professional service with a personal touch Wilder Coe Ltd’s partner-led approach, combined with a commitment to developing an understanding of your business and a rapport with you and your staff, ensures that you and your business always get the right level of attention and service you need.

We are a multi-faceted practice providing a wide range of professional business services including accountancy, auditing and taxation. For more information, please contact us.