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Practitioner views on the Autumn Statement:

  • Helen Lethaby (Freshfields Bruckhaus Deringer) examines the impact on big business;
  • Simon McKie (McKie & Co) reviews the private client perspective;
  • James Bullock (Pinsent Masons) considers enforcement and compliance issues;
  • David Whiscombe (BKL Tax) assesses the impact on SMEs;
  • John Whiting (OTS) gives the Office of Tax Simplification’s view; and
  • John Hawksworth (PwC) provides an economic perspective.

The impact on big business

Banks bear the brunt of the revenue raising measures writes Helen Lethaby

Tenterhooks it is for another week: the Autumn Statement made passing reference to the new ‘diverted profits tax’ (aka the ‘Google tax’) to be levied at 25% on profits artificially diverted overseas from the UK by multinationals but it looks like we will have to wait for the Finance Bill for the details. There was a little bit...

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