Philip Hammond has a lot riding on his first set piece to Parliament on 23 November, with the Institute for Fiscal Studies warning this week that the outlook for public finances has deteriorated, requiring a £25bn increase in borrowing by 2019/20. Taxbriefs provide seven ways in which the Chancellor could surprise us
The Chancellor’s options are not straightforward, with pressure on growth and calls for both increased spending and tax cuts to boost the economy.
What is clear is that this is the most important Autumn Statement for many years, with the next Budget in 2017 likely to have added significance.
The seven ways in which Philip Hammond could surprise us on 23 November are available to download here.