Autumn Statement: Our predictions and plans

With the announcement of an Autumn Statement to take place on 17 November 2022, we are fast approaching the third major set of tax announcements in as many months. The emerging theme is that there is a gap in the finances of some £50 billion plus that the Government is looking to fill with an approximately 50/50 mix of tax rises and spending cuts. This article looks at what tax announcements we might see in the Autumn Statement and also provides details of where you can find our commentary on the day and how to register for our live events.

In a new blog post Tim Sarson, UK Head of Tax Policy and Sharon Baynham, Director of Tax Policy, KPMG in the UK, set out their predictions of what tax changes might be announced on 17 November alongside what they think is unlikely to appear.

We will be preparing commentary on the day which readers will be able to find on our dedicated Autumn Statement website. Also, at 4pm Tim Sarson will be hosting a LinkedIn Live event to provide our initial reactions, covering both the tax and economic implications of the Chancellor’s statement.

Then, on Monday 21 November at 12pm we will be holding an Autumn Statement webinar to provide a more considered reaction to the announcement. Please register for this event in advance.

We look forward to sharing our insights and responding to your questions in our two live events. In the meantime, we would encourage any readers looking for more detailed commentary on the current environment for personal taxes and the measures which might be announced in that area to read this article on LinkedIn from Jo Bateson, Partner, Family Office and Private Client, KPMG in the UK.

For further information please contact:

• Tim Sarson

• Sharon Baynham