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Take a look at our summary of the Autumn Statement 2023 delivered by the Chancellor Jeremy Hunt on Wednesday 22 November. Our summary boils his 110 different proposals down to a concise report of the key points.
The Autumn Statement had been initially trailed as focusing on the longer term issues facing the country, but Mr Hunt decided to prioritise short-term tax cuts over maintaining future expenditure. The most headline-grabbing immediate moves were cuts to national insurance and placing the expensing of corporate investment onto a permanent basis.
Some of the rumoured changes, such as inheritance tax reform, did not appear, but there is still a chance that these could feature in the Spring Budget due to take place in March next year.
