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Instant reaction

The Chancellor delivered the 2017 Autumn Budget on 22 November 2017. Click here for a summary of the key announcements.

Real estate

There were a number of changes announced today, the most significant of which apply to non-residents investing in UK real estate. In light of the proposal to bring all income and gains of non-residents in relation to UK property within the charge to UK corporation tax, the other proposals relating to UK corporation tax will affect UK and non-UK companies alike in the future.

International and treasury tax

In addition to the changes to the taxation of royalties the Chancellor mentioned in his Budget speech today, there were a number of other tax measures set out in the many documents that were published once he sat down that are of particular interest to multinational companies.

Business summary

Business summary

Stella Amiss, our UK Tax Leader for Policy, Reputation, Media and Regulation discusses the business implications from the Chancellor's Budget announcement.

Indirect taxes

The 'Autumn Budget 2017: overview of tax legislation and rates (OOTLAR)' is available on the www.gov.uk website.The indirect tax announcements are:

Assurance given on 1.5% SDRT charge

Autumn Budget 2017 included the welcome announcement that the government will not reintroduce the 1.5% SDRT charge on the issue of shares (and transfers integral to capital raising) into overseas clearance services and depositary receipt systems following the UK’s exit from the EU.

Technology & skills investments

Jon Andrews, head of technology and investments at PwC, comments on the technology and skills investments announced by the Chancellor today as part of the government’s Industrial Strategy.

Economic overview

Economic overview

Andrew Sentance, our Senior Economic Adviser gives his views on the Chancellor's Autumn Budget announcement and its impact on the UK economy.