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Autumn Statement – main points

|Proposed Changes|United Kingdom
United Kingdom

On 5 December 2012, the Chancellor of the Exchequer delivered the Autumn Statement to Parliament. The Autumn Statement contains an indication of proposed legislation for the Budget of 2013 and subsequent years.
The main tax proposals are set out below.

Business taxation
As previously announced, the main rate of corporation tax (currently 24%) will be reduced to 23% for financial year 2013.



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