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Here is the Treasury's summary of the key, general announcements in the Chancellor's first Autumn statement.
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Philip Hammond, the Chancellor of the Exchequer, deliver his first - and last - Autumn Statement with little good news for freelancers. The full text of his speech, which signals the end of the Autumn Statement's in the Parliamentary calendar, is as follows.
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Philip Hammond, the Chancellor of the Exchequer, will deliver his first Autumn Statement today, Wednesday November 23, 2016 at 12:30pm.
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Ahead of the Chancellor’s first Autumn Statement since the UK’s vote to leave the European Union, a professional accountancy body has urged significant action on tax to benefit small business, property owners and Government as they grapple with Brexit uncertainty.
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Trade body PRISM has welcomed the Government’s decision to launch a review of employment legislation after campaigning for one for the past year.
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Self-employment group, IPSE, has given a cautious welcome to Labour leader Jeremy Corbyn’s address to the Labour Party Conference where he stated tax and social security for the self-employed must be reviewed.
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Chancellor George Osborne stood up in the House of Commons to present the Finance Bill 2016, designed to 'act now, so we don’t pay later' as he consistently made a point of throughout the Budget.
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The small business community had much to welcome in the Budget, not least the removal of business rates; and the reduction in Corporation tax.
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Representative group, PRISM, was more disappointed about what was not in the Budget than pleased with the measures which the Chancellor announced.
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The low earning self-employed need financial support as well as mentoring according to the Low Incomes Tax Reform Group (LITRG).
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