On Wednesday 3 December the Office for Budget Responsibility published its updated forecast for the UK economy.
Chancellor George Osborne responded to that forecast in a statement to the House of Commons later on that day. In the period since the Budget in March a number of consultation papers and discussion documents have been published by HMRC and some of these proposals are summarised here.
Draft legislation relating to many of these areas will be published on 10 December and some of the details in this summary may change as a result. Our summary also provides a reminder of other significant developments which are to take place from April 2015.