Autumn Statement 2013

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AS2013: Extra £100m from Libor fines to go to army charities

Chancellor George Osborne has allocated a further £100m from Libor fines to military charities and support for those working in the emergency services In his Autumn Statement today, Osborne said: “I want to make a further £100m of Libor fines available to our brilliant military charities and extend support to those who care for the work […]

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AS2013: Govt to cap business rates at 2%

Increases in business rates in England and Wales will be capped at 2 per cent from next April, Chancellor George Osborne has announced. Business rates would have otherwise been linked to RPI inflation. In today’s Autumn Statement, Osborne also said businesses will be allowed to pay their rates in 12 monthly instalments, rather than 10, […]

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AS2013: £9bn tax evasion crackdown will include self-employed focus

The Government will raise £9bn over the next five years by cracking down on tax avoidance and evasion, Chancellor George Osborne has declared. In today’s Autumn Statement, Osborne said the Government will be clamping down on employed individuals who are registered as self-employed and other means of ”tax evasion”. The Autumn Statement also sets out […]

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AS2013: OBR improves growth forecasts and predicts surplus by 2018/19

The Office of Budget Responsibility has improved its growth forecasts and revised borrowing figures downwards, which the chancellor says will see Britain running a small surplus by 2018/19. Delivering the Autumn Statement today, chancellor George Osborne revealed the OBR’s latest forecasts for the UK economy. At the Budget in March, the OBR forecast growth this […]