From a tax standpoint, the most exciting announcement of this Autumn Statement is probably that this will be the last one. There will be a transitional Budget in spring 2017 followed by a Finance Bill to get Royal Assent at (one assumes) the normal mid-July date.

After a summer off, there will be another Budget in the autumn with the subsequent Finance Act 2018 to receive Royal Assent before the start of the 2018-19 tax year. The legislative cycle will then begin with publication of draft clauses for Finance Bill 2019 in summer 2018, a Budget in the autumn and Royal Assent to Finance Act 2019 in the first quarter of 2019. Our tax annual book publication dates may need a rethink in 2018.