Chancellor to make his Autumn Statement on 3 December

The Chancellor of the Exchequer George Osborne has announced that he will give his annual Autumn Statement to Parliament on 3 December 2014.

The statement provides an update on the government’s plans for the economy based on the latest forecasts from the Office for Budget Responsibility. These forecasts will be published alongside the Autumn Statement on 3 December.

Full details of the announcements will be available following the Chancellor’s statement to Parliament.

I will be interested to see what incentives to business there will be in the form of Capital Allowances. I expect that the AIA of £500,0000 may be extended, but will keep you posted.

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