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Autumn Statement 2013: Key Points

10.12.13

Chancellor George Osborne delivered his annual Autumn Statement to the House of Commons last week.

Here are some of the key points:

• The OBR has doubled its 2013 forecast from 0.6% to 1.4. 2014 forecasts have risen by 0.6% to 2.4%.

• Rise in state pension age to 68 in mid-2030s and again to 69 in late 2040s.

• From April, state pension will rise by £2.95 per week

• From 2015, capital gains tax will apply to non residents selling residential property in the UK.

• Fuel duty rise planned for September 2014 has been cancelled.

• Any train fare rises will now go up in line with inflation, after January’s 1% over inflation rise was scrapped

• Transferable tax allowance for married couples from April 2015

• Free school meals for school children in reception, Year 1 and Year 2.

Click here to view the full Autumn Statement 2013 document.

Chancellor George Osborne delivered his annual Autumn Statement to the House of Commons last week.

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