Nine key takeaways from Autumn Statement 22

Dividend tax and CGT

Investment Week summarises nine of the key points from Chancellor Jeremy Hunt’s address to parliament earlier today (17 November).

Dividend tax allowance and CGT thresholds cut The government is halving the dividend tax allowance, falling from £2,000 to £1,000 next year and to £500 from 2024. Chancellor Jeremy Hunt also said the annual capital gains tax exemption will fall from £12,300 to £6,000 next year, and then be cut to £3,000 from April 2024. OBR published forecast Meanwhile, the Office for Budget Responsibility published a fresh forecast alongside the Autumn Statement, warning that inflation would remain high over the next year, averaging 9.1% this year and 7.1% in 2023. The OBR also revealed the UK...