Autumn Statement 2023: Our predictions and plans

Read our insights in advance of and following the Chancellor’s Autumn Statement on 22 November 2023

The Autumn Statement is on 22 November 2023

Hot on the heels of the party conferences, we are now in the run-up to the Autumn Statement which is scheduled for 22 November 2023. It is a gloomy autumnal outlook for the Chancellor with an economy on the cusp of recession, public debt and debt interest the highest they have been in generations, inflation proving to be far stickier than anticipated and the tax take at its highest level for 70 years. In line with the general economic outlook, the Autumn Statement might be a similarly dour affair and we are also expecting it to be relatively light on tax announcements. This article explains how you can find our commentary following the Autumn Statement speech and also provides our predictions on what might feature in it.

Autumn Statement predictions

Tim Sarson and Sharon Baynham in the KPMG UK Tax Policy team have shared their insights on what tax measures could be revealed by the Chancellor on 22 November in a new blog post.

On the day

On 22 November 2023 we will be updating our dedicated Autumn Statement 2023 webpage with our first reactions to the Chancellor’s announcements. Please visit this page in the afternoon to see what the announcements will mean for you and your business.

We will also be sharing our first impressions in a LinkedIn Live event at 4:00pm when Tim Sarson, UK Head of Tax Policy, will host a discussion on key announcements. Please register to attend via LinkedIn.

After the Autumn Statement

Our Autumn Statement 2023 virtual event will take place at 12pm on Friday 24 November. Please register now to join our panel of experts for a deep dive into the measures and our insights into the impacts for businesses and individuals.

We will then publish our more detailed commentary on the key tax measures in the next edition of Tax Matters Digest which will be disseminated to subscribers first thing on Monday 27 November 2023.