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UK Autumn Statement 2022 Contains Several Tax Measures Including Implementation of Pillar 2

|Proposed Changes|United Kingdom
United Kingdom

On 17 November 2022, UK Chancellor of the Exchequer Jeremy Hunt delivered the Autumn Statement 2022, including several tax measures, some of which have already been legislated for and will be implemented as planned. Some of the main measures are summarized as follows:

Bank Corporation Tax Surcharge - Following the decision to proceed with the Corporation Tax rate increase to 25% from April 2…

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