Autumn statement 2013: What to watch out for

WHO: GEORGE OSBORNE
WHEN: 11.15AM TODAY
WHERE: HOUSE OF COMMONS

WHAT WE ALREADY KNOW

Business rate rises capped
Rate rises will be limited to 2 per cent in England and Wales in 2014, not linked to inflation

State pension reform
Retirement age rising to 69 by late 2040s

Paper tax disc abolished
Vehicle exise duty (VED) to be paid online

Tax-free childcare vouchers
Available for working parents from 2015

Green levy relief
Energy bills set to be £50 less than predicted on average

Free school meals plan
Primary children between five and seven will get free meals

Fuel duty freeze
Fuel duty will be frozen, Osborne will say

Tax avoidance crackdown
Government will crack down on tax avoidance to pay for key policies

£1bn cuts to departments
Treasury signals £1bn yearly reduction in departmental budgets over two years

National infrastructure plan
£375bn of planned investment has been announced by Danny Alexander

WHAT MIGHT HAPPEN 

Capital gains tax
Osborne is expected to slap capital gains tax on the sale of properties owned by overseas investors

Personal allowance
Could be increased further ahead of schedule

Stamp duty changes
1 per cent rate could be extended to properties worth up to £300,000

Welfare spending
Osborne has said there is more to do on reducing benefit bills

Buy to let tax
Chancellor may tighten the tax rules relating to buy to let landlords

ISA investment increase
Limit could be extended or the rules changed in other ways

THE KEY NUMBERS

Budget deficit
Borrowing could be as much as £15bn lower than predicted

OBR to upgrade growth
Likely to upgrade projection for UK growth in 2013 to 1.4 per cent, from a forecast of 0.6 per cent in March

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