Autumn Statement 2014
View Deloitte's comments on the measures the Chancellor announced in his Autumn Statement.
From 12pm on the day of the Autumn Statement, please call the dedicated Deloitte Press Hotline on 020 7007 3333, where you will be directly connected to one of our spokespeople.
Sally Jones, Director at Deloitte comments on increases in tax relief for research and development costs.
Fenton Burgin, Head of UK Debt Advisory at Deloitte, comments on today’s moves to support alternative lenders.
John Adams, head of planning at Deloitte Real Estate, comments on the direct commissioning of new homes announced in today’s Autumn Statement.
The Chancellor announced an exemption from Air Passenger Duty for passengers under 12 years of age.
Patricia Mock, a tax director in the private client services practice at Deloitte comments on the changes to the annual tax on enveloped dwellings.
The Chancellor announced in today’s Autumn Statement a number of measures to support the future of cars, including investments in ultra-low emission and driverless vehicles.
Patricia Mock, a tax director in the private client services practice at Deloitte comments on how non-UK domiciled individuals must reconsider the remittance basis charge "tipping point".
From April 2015, individuals lending through peer to peer platforms will be able to offset losses from bad debts against other peer to peer income.
Mike Turley, head of public sector at Deloitte, comments on a single portal for public sector debt collection.
Mark Groom, tax partner at Deloitte, comments on the government’s proposal to review the use of overarching contracts by umbrella companies.
James Pargeter, head of residential projects at Deloitte Real Estate, comments on the housing and infrastructure announcements in the Chancellor’s Autumn Statement.
Patricia Mock advises on the keys changes regarding ISAs, pensions, and inheritance tax.
Roman Webber, partner and head of tax for energy and resources at Deloitte comments on the Chancellor’s proposals for the UK shale industry.
Fiona Tait, director of Deloitte UK’s international markets group, says: “These announcements will help to boost and re-energise the Government’s focus on helping British businesses to export and meet its ambitious target to increase exports to £1trn by 2020.
Ian Stewart, Chief Economist at Deloitte comments:'The recession may be over, but much of the pain of deficit-reduction still lies ahead.'
Banks will only be allowed to shelter half of their profits from tax by using brought forward losses, from 1 April 2015.
Bill Dodwell, Deloitte’s head of tax policy said: “Autumn Statement 2014 will be remembered for the overnight change to stamp duty land tax."
The changes to remove the ‘pinch points’, which previously saw houses prices bunching at, or under, each stamp duty land tax (SDLT) rate increase, is welcomed.
The increase in personal allowance from £10,000 to £10,600 rather than the expected £10,500 will be welcome.
James Thompson, head of business rates at Deloitte Real Estate, comments on the announcement of the timetable for the review of the future structure of business rates.
Ben Powell, head of public sector tax at Deloitte comments on the VAT relief for on hospices and search and rescue operations.
Roman Webber, partner and head of tax for energy and resources at Deloitte, comments on the Chancellor’s proposals for the UK oil & gas industry.
Mark Groom, tax partner at Deloitte, comments on today’s confirmation from the government that the £8,500 P11D earnings threshold will be removed from 6 April 2015.
Mark Groom, tax partner at Deloitte, comments on the Government’s proposal to remove tax relief on business expenses when claimed in conjunction with salary sacrifice schemes.
Deloitte welcomes tax relief for orchestral performances and children’s television production
Simon Dixon, transport partner, comments on the detail of a £15bn package of road investment announced ahead of Wednesday’s Autumn Statement.
Mike Turley, head of public sector comments.
Bill Dodwell, head of tax policy at Deloitte, considers what tax measures the Chancellor is expected to focus upon in the Autumn Statement on 3rd December.