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Business awaits Autumn Statement announcements

05 Dec 2013

Chancellor George Osborne will deliver the 2013 Autumn Statement to the House of Commons today.

Now widely regarded as the second most significant event on the Government’s financial calendar, the Autumn Statement provides an update on the Government's plans for the economy, together with key tax and legislative announcements.

As always, there is plenty of speculation about the measures that could be included, with many expecting the Chancellor to announce the introduction of a new cap on business rates increases in England and Wales, together with an extension of the Small Business Rate Relief system.

In addition, the Chancellor is expected to confirm an acceleration of the increase in the state pension age, bringing the age from 65 to 68 in the mid-2030s, rather than in 2046 as previously planned.

Following the Chancellor’s speech, we will be updating our website with the latest announcements that could affect you and your business.