jueves, 1 de diciembre de 2016

UK issues 2016 Autumn Statement

UK Chancellor of the Exchequer Philip Hammond on November 23, 2016, made his first Autumn Statement with respect to plans for the UK economy. This is the first Autumn Statement following the EU referendum and the appointment of Hammond and the new UK Prime Minister, Theresa May. The Autumn Statement reveals the new government’s direction and tax policy goals.

The Autumn Statement reaffirmed the new government’s commitment to previously announced measures, such as cutting the UK corporate tax rate to 17% and changing the interest deductibility and loss relief rules. We expect further details when the draft Finance Bill is published on December 5, 2016.

Source & more info: PwC

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