Chancellor George Osborne has delivered his "tax net neutral" 2012 Autumn Statement, revealing tax breaks for business and a 4.1% improvement in the deficit since the Coalition took office.
In his speech to Parliament, the Chancellor said there would be no net rises in tax this year with any increases offset by tax cuts elsewhere. British manufacturers are to benefit from an increase in capital expenditure allowances with eligible investment to increase from £25,000 to £250,000. The Autumn Statement also revealed a further planned reduction…
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