In his Autumn Statement, delivered on 25 November 2015, George Osborne stated that the main focus was on security (both economic and national), and rebuilding Britain. As higher levels of tax revenue are expected over the next few years, coupled with lower interest payments, it has enabled a higher level of spending and a reduction in the cuts to tax credits, whilst retaining a budget surplus at the end of the forecast period. But from a tax perspective few major changes were announced.
For detailed information on the tax measures in the Autumn Statement, you can read our commentary document (745 KB).
For a quick overview, you may also be interested in our On a Page summary (248 KB).