THE CHANCELLOR will give his autumn statement on 5 December, it has been confirmed.
It comes a week later than last year, and although it is not a Budget, significant announcements are not uncommon, with various consultations due to conclude by the time of the statement.
PwC tax partner Alex Henderson said: "Given the fiscal situation, we're unlikely to see any big Christmas giveaways.
"The Finance Bill due early December, so people are going to be watching what the chancellor says closely. We hope the chancellor will return to themes we've seen before, such as making the UK an attractive place to do business and simplifying the tax system."
You may also like
If budgeting is to have any value at all, it needs a radical overhaul. In today's dynamic marketplace, budgeting can no longer serve as a company's only management system; it must integrate with and support dedicated strategy management systems, process improvement systems, and the like. In this paper, Professor Peter Horvath and Dr Ralf Sauter present what's wrong with the current approach to budgeting and how to fix it.
In this white paper CCH provide checklists to help accountants and finance professionals both in practice and in business examine these issues and make plans. Also includes a case study of a large commercial organisation working through the first year of mandatory iXBRL filing.