PwC looks at the Autumn Statement runners and riders

So what does the Chancellor have up his sleeve for next week? 

He seems to like surprises, so PwC offers some light-hearted odds on the runners and riders in the Autumn Statement.

What’s running	The Tipster’s view	Odds
Corporation Tax	Will we see a further reduction in the corporation tax rate, beyond the 22% it’s due to reach by 2014, to 20%?	15-1
Fuel Duty	Is the planned 3p January rise to be cancelled?	7-2
Income tax	Could the additional 45p rate go back to 40p?	66-1
Council Tax	What’s the likelihood of new council tax bands being introduced for high value properties?	15-1
Stamp Duty Land Tax	Could SDLT for high value properties be increased to 8%	15-1
National Insurance Contributions	Will we see complete harmonisation of NICs and income tax?	100-1
Capital Gains Tax	Could entrepreneurs’ relief be extended to all employees?	5-1
VAT	Might we see some zero- or lower-rated items move into the higher rate?	50-1
VAT	What about a hike in the main rate to 22.5%	66-1
Pensions annual allowance	Could we see the pensions annual allowance cut to £30,000?	15-1
Pensions lump sum	Or could the pensions tax free lump sum be reduced	15-1
Infrastructure	Will we see greater incentives for infrastructure spend	10-1
Environment	Could we see a new environmental tax like a plastic bags tax	25-1

To view more commentary and analysis on the Autumn Statement click here.

Ends

Contact:

Email: Lynn Hunter
Tel: +44 (0)141 355 4015

Email: David Glen
Tel: +44 (0)141 355 4053

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