On Monday 29 November the Office for Budget Responsibility (OBR) will publish its updated forecast for the economy. The Chancellor of the Exchequer will respond to that forecast in a statement to the House of Commons.
We are unsure whether or not the Chancellor will announce significant tax measures which are usually announced around this time of year in a Pre-Budget Report. A number of important announcements are expected around the end of November and early December. We will update you next months on significant changes.
Internet link: http://www.hmrc.gov.uk/budget-updates/index.htm
Posted – 20/12/2010