Autumn Statement 2022 Webinar

Join us on Friday 18th November for our upcoming Autumn Statement 2022 webinar, where our panel of tax experts will be analysing the announcements and commenting on how these may affect you.

Thursday 17 November has been confirmed by the new Chancellor as the date he will present a much-revised Autumn Statement, following on from his predecessor’s now reversed Mini Budget in September. The focus will be on generating confidence and stability.

In the Autumn Statement, the Chancellor is promising tax rises and “eye-watering” spending cuts in order to balance the books. The Treasury has a huge hole in its finances that it is seeking to plug. We have already had an indication of the direction of travel with increases in Corporation Tax and other tax cuts now abandoned.

In these turbulent times it is a challenge to predict exactly what new measures may be announced on 17 November, but they will undoubtedly be significant, and costly.

The Autumn Statement could include major announcements on: 

• A tightening of the eligibility for claiming R&D Tax Credits
• New anti-avoidance measures to reduce tax loopholes
• Increasing the rates of Capital Gains Tax and reducing reliefs
• Reductions in business regulations to boost growth
• Changes to the Super Deduction to encourage investment
• Increasing NIC rates from next year
• Increasing the National Minimum Wage from next year
• New rules for Off-Payroll workers
• Changes to tax relief on pension contributions
• Adjustments to the rate and extent of Value Added Tax
• Changes to Inheritance Tax and Stamp Duty

Check out our full list of Autumn Statement predictions.

And there will, undoubtedly, be other substantial measures to follow as the Chancellor also takes a longer-term look at where the economy is headed.

Check in on our website on the day of the Autumn Statement to follow our Live Blog or sign up for our webinar by clicking on the button below, to hear from our panel of experts on how the announcements may impact you.