Category: Budget
Our views on the latest news, events and industry issues affecting our clients, both in the UK and worldwide.
Autumn Statement 2023: AVEC update
While the mention was fleeting in the Chancellor’s address, the final details of the reforms to Creative Industry Tax Reliefs and Audio-Visual Tax Reliefs have now been confirmed. Our Partner, Jai Vora, who specialises in tax reliefs for Film, TV and Video Games shares his thoughts on the amendments.
Autumn Statement 2023: Outcomes & Analysis
Jeremy Hunt delivered his second Autumn Statement this week. With a general election now expected next year and inflation below target, there was hope of a mooted pre-election giveaway following years of austerity and a high tax burden locked in for next year and beyond.
The Autumn Statement 2023: our initial reaction
Steven Wren and Kieron Clement-Smith share their quickfire summary of today’s quieter than anticipated Autumn Statement. The Chancellor of the Exchequer, Jeremy Hunt, announced a number of tax reductions with the “largest ever cut” to national insurance taking the headlines.
Creative Tax Relief and R&D Reforms
Tax relief was a major topic of the Chancellor’s Budget this week, with its continued focus on helping the UK’s world-leading creative and technology industries to thrive in what has been a major success story.