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28 November 2016

UK releases 2016 Autumn Statement

The United Kingdom (UK) Chancellor, Philip Hammond, delivered his proposals on November 23, to prepare the UK economy to be resilient as the UK exits the European Union. He stressed that the Government will maintain its commitment to fiscal discipline while recognizing the need for investment to drive productivity. Accordingly, the Government will prioritize high value investment in infrastructure and innovation while a new charter for budget responsibility is intended to provide enough flexibility to support the economy in the near-term.

A Tax Alert prepared by Ernst & Young UK, and attached below, provides additional details.

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ATTACHMENT

Full text of Tax Alert 2016-2012

Document ID: 2016-2012

 

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