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Jeremy Hunt delivered the 'Autumn Statement for Growth'.
On 22 November 2023, Jeremy Hunt delivered the 'Autumn Statement for Growth'.
Against an improving economic backdrop, the Chancellor is keen to stimulate economic growth and highlighted 110 measures for businesses.
In addition, there were significant statements relating to National Insurance changes and also the reform of work-related state benefits.
Chancellor of the Exchequer Rachel Reeves set out tax-raising measures worth up to £26 billion in the Autumn Budget.
HMRC is urging those making money from Christmas crafts, seasonal market stalls, or selling festive items to check if they need to report their earnings.
The Chartered Institute of Taxation (CIOT) has urged the government to implement a transitional rule to allow older farmers and other business owners to gift assets to the younger generation.