Autumn Statement: Full Report from TaxAgility
Further to our blog posted yesterday, we are pleased to provide a full report of the Autumn Statement, highlighting the main items affecting both SME business owners and individuals.
Delivering the 2013 Autumn Statement, the Chancellor said the latest forecasts from the Office for Budget Responsibility proved that “Britain’s economic plan is working” but warned that the “job is not done.”
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Autumn Statement: Key Points for Individuals and SMEs
Earlier today George Osborne, Chancellor of the Exchequer, delivered his Autumn Statement to Parliament.
Following are a summary of the key points affecting both SME business owners and individuals, taken from today's statement.
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Budget 20 March 2013 Full Report
Chancellor George Osborne's fourth Budget statement was delivered on 20 March 2013 against ongoing challenges within the domestic and global economies. The UK economy shrank by 0.3 per cent at the end of 2012, and lost its Moody's AAA credit rating in February for the first time since the 1970's. The morning of the budget also saw figures from the office of national statistics, which showed that the number of unemployed grew by 7,000 in the three months to January 2013. Announced alongside the Budget, the Office for Budget Responsibility (OBR) revised down its forecast for growth in 2013 to 0.6 percent from 1.2 per cent. It cited weaker than expected outlooks for consumer spending, business investment and exports for its decision.
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