Bill Dodwell, head of tax policy at Deloitte,
considers what tax measures the Chancellor is expected to focus
upon in the Autumn Statement on 3rd December.
Bill Dodwell comments: "Chancellor George Osborne will
deliver the final Autumn Statement of this parliament. We expect
that most of the announcements will concentrate on the outcomes
from proposals launched at earlier Budgets, together with some
technical changes. There will also be the first consultation on how
the UK should implement the initial proposals from the OECD on
international corporate tax – the Base Erosion and Profit
Shifting project." Ian Stewart, chief economist at Deloitte,
said: "This year's Autumn Statement will include modest
upgrades to the Office of Budget Responsibilities forecasts for GDP
growth in 2014 and 2015. While the pace of year on year growth is
set to slow, we see the OBR forecasting a respectable rate of about
2.5% for 2015, slightly higher than its 2.3% forecast made in
March.
