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Dec 2, 2011
Autumn Statement 2011
On Tuesday 29th November the Office for Budget Responsibility (OBR) 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.
The main tax changes were centred around:
- Capital Allowances in certain Enterprise Zones
- Launch of a new Seed Enterprise Investment Scheme
- R & D tax relief incentives
- Anti-avoidance rules in respect of asset back contributions to pension schemes.
To view our commentary please click here