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ARTICLE · 28 NOVEMBER 2016

Autumn Statement 2016: An Emerging Picture

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In what we have today learnt will be the last Autumn Statement, Philip Hammond set out a number of confirmations and marked his tenure with a re-arrangement of the fiscal calendar.

United KingdomTax
Sophie Dworetszky
Sophie Dworetszky
Christopher Groves
Christopher Groves
Ceri Vokes
Ceri Vokes
Charlie Tee
Charlie Tee
Judith Ingham
Judith Ingham
Katie Graves
Katie Graves
Justine Markovitz
Justine Markovitz
Ian Perrett
Ian Perrett
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Lindsay Brown
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In what we have today learnt will be the last Autumn Statement, Philip Hammond set out a number of confirmations and marked his tenure with a re-arrangement of the fiscal calendar. That, of course, was not all, and there remains a focus on offshore evasion and the potential introduction of more far reaching disclosure requirements.

Non-domiciled individuals

In line with the promise of greater certainty, the changes to the reform of the remittance basis, most recently set out in the Consultation Document issued in August, are recapped in today's statement. There remain a number of open questions, and it is to be hoped these will be conclusively addressed when draft legislation is released. The good news is that it appears that there will be no unwelcome changes from the previous proposals that:

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