AUTUMN-STATEMENT-2014

What does the general election mean for the Finance Bill process?

Views from tax experts. To submit a view, email paul.stainforth@lexisnexis.co.uk.

The Autumn Statement unveiled some immediate changes to the oil and gas fiscal regime and, more importantly, an agenda for further reform was announced. Claire Angell (KPMG) reviews the announcements and related priorities for companies

George Osborne’s Autumn Statement contained good and bad news on the deficit but the underlying message is that the public finances are still a long way from being fixed, David Smith reports

HM Treasury published draft Finance Bill 2015 measures for consultation on 10 December. Many of the measures were announced at – or before – the Autumn Statement. This round-up of tax professionals’ initial reaction to the Autumn Statement pre-dated publication of the draft Bill.

Chris Sanger (EY) examines the smorgasbord of tax measures announced this week

Practitioner views on the Autumn Statement:

• Helen Lethaby (Freshfields Bruckhaus Deringer) examines the impact on big business;
• Simon McKie (McKie & Co) reviews the private client perspective;
• James Bullock (Pinsent Masons) considers enforcement and compliance issues;
• David Whiscombe (BKL Tax) assesses the impact on SMEs;
• John Whiting (OTS) gives the Office of Tax Simplification’s view; and
• John Hawksworth (PwC) provides an economic perspective.