On 22nd November 2023, the Chancellor of the Exchequer Jeremy Hunt delivered the 2023 Autumn Statement to the House of Commons. The statement focused on forecasts produced by the Office for Budget Responsibility (OBR) and provided insight into the government's latest tax and spending plans for the new year and beyond. Fiscal statements like this often have implications for small businesses and therefore in this post, we’ll be focusing on the elements of this budget which could have impacts for small business owners up and down the country.
To recap on the announcements made earlier in the year during the Spring Statement, visit our insight hub post; Key announcements from the Spring Statement.