Autumn Statement

Chancellor Rachel Reeves has confirmed her second Budget will be delivered on Wednesday, 26 November, setting the stage for a critical fiscal statement amid a turbulent economic backdrop. After a challenging first year in power, the UK government is under pressure to stabilise the economy following

The Chancellor's Autumn Statement of 2023 has been met with a mixed reception from Scottish tax experts, who highlight both positives and concerns in the outlined fiscal plans. Susie Walker, partner and head of tax at Johnston Carmichael, noted that while the 'full expensing' tax break favours large

Chancellor Jeremy Hunt has announced a slew of financial measures aimed at bolstering the economy by aiding businesses, pensioners, the hospitality industry, and the self-employed.

The Scotch Whisky Association (SWA) has praised the Chancellor's decision to maintain the current 10.1% alcohol duty rates, providing a much-needed reprieve for the sector, saying that the decision to cancel a further hike provides “much-needed stability” for distillers. The decision sho

The Association of Chartered Certified Accountants (ACCA) has communicated pressing concerns to the Chancellor ahead of the Autumn Budget Statement, stressing the urgency for financial reforms to stimulate the UK economy. In a critical open letter, the ACCA pinpointed three core areas requiring imme

Vishal Chopra, head of tax for KPMG UK in Scotland, discusses the expected fiscal measures in tomorrow's Autumn Statement, highlighting the economic challenges and potential tax policy changes in both the UK and Scotland. The Autumn Statement looks set to be as gloomy as the current economic ou

Amidst the economic turbulence of high inflation, soaring public debt, and the highest tax burden since World War Two, Armstrong Watson's experts comment on what to expect as the Autumn Statement approaches with high anticipation. Chancellor Jeremy Hunt is poised on a tightrope, balancing calls for