Autumn Statement - 17th November 2022

Following the Chancellor's announcement of the Government’s third fiscal statement in as many months on 17 November 2022, Chartered Accountants, John M Taylor & Co, have produced a comprehensive summary of the key changes affecting taxpayers and businesses for the new financial year.

It was widely trailed in the media that his speech was likely to see a return to spending cuts and tax rises in an attempt to undo some of the damage caused by his predecessor’s mini-budget back in late September. Against a backdrop of rising inflation and economic recession, the Chancellor laid out three core priorities of stability, growth and public services as the guiding principles of the decisions taken. Download JMT's Autumn statement to learn more.