The UK Chancellor of the Exchequer, Jeremy Hunt, has delivered the Autumn Statement 2023.
The Office for Budget Responsibility (OBR) reports that the UK economy has proved to be more resilient to the shocks of the pandemic and energy crisis than anticipated, but with growth forecasts for the next two years reduced and the UK inflation rate expected to be more persistently high, the Chancellor had only modest fiscal firepower at his disposal. That headroom was used to send a political message about the Conservative Party’s priorities, with tax cuts for both businesses and workers announced.
In our latest podcast, London Tax partners Peter Clements and May Smith and London Tax senior associates Josh Critchlow and Chris Gotch discuss some of the business tax measures they found the most noteworthy in the Autumn Statement 2023, including:
MedTech - A Conversation with Gloria Seibert
Tax Matters podcast: How will the UK Autumn Statement 2022 affect your business?
Essential Antitrust #23: Merger challenges in US courts: deciphering US antitrust agencies’ recent string of defeats
Great (stakeholder) expectations: Episode 4 - Activists all around
Great (stakeholder) expectations: Episode 3 - A bastion of support for social issues
Great (stakeholder) expectations: Episode 2 - Unpacking the status of climate disclosures
State of play on Pillar Two
Great (stakeholder) expectations: Episode 1 - A turning point for ESG
Essential Antitrust Asia #7: Key antitrust issues in Japan
Managing Risk in Asia #6: Managing transactional risks in life science investments in Asia
Tax matters: what is the impact of the proposed restrictions to the UK sovereign immunity tax exemption?
A new European AML authority – A year on
MedTech and Health Equity for Women - A Conversation with Marissa Fayer
Essential Antitrust #22: Global focus on labor: not necessarily business as usual
Does the proposed UK corporate re-domiciliation regime measure up?
Essential Antitrust #21: New EU and UK distribution rules for the next decade: check for compliance and new opportunities
Essential Foreign Investment #4: Expanding areas of global regulation
Essential Antitrust Asia #6: Key updates and enforcement trends in Hong Kong
Fintech in focus: Buy now, pay later
Navigating risks: tax disputes and privilege
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