What do we know will be in the Autumn Statement?

The chancellor is poised to present the government's 2nd fiscal bundle successful nether 2 months.

Jeremy Hunt is expected to dismantle overmuch of what his predecessor Kwasi Kwarteng announced successful his mini-budget connected 23 September.

On Thursday, Mr Hunt volition unveil his autumn connection - a fund successful each but sanction - to "get our mode backmost to increasing healthily", arsenic helium puts it.

The Treasury accidental thing is confirmed until the connection is announced. But BBC governmental correspondents person been speaking to those progressive successful the process to fig retired what's going to beryllium announced.

After the uncertainty of the past fewer weeks, Mr Hunt said helium wants to trim the size of the alleged fiscal achromatic spread - the spread betwixt what the authorities raises and spends. This volition impact governmental choices astir however overmuch indebtedness is acceptable, what taxes tin spell up and what spending tin beryllium squeezed.

The accepted contented successful the Treasury is that determination volition beryllium much spending cuts than taxation rises. This is apt to equate to astir £30bn successful spending cuts and £24bn successful taxation rises.

The Treasury is trying to emphasise this is rather antithetic from the George Osborne era, erstwhile the immense bulk of savings came done spending cuts.

But a fig of Conservative MPs are unhappy astatine the taxation increases we are apt to spot - truthful determination could beryllium immoderate governmental pushback ahead.

Stealth taxes impact freezing the thresholds astatine which radical commencement paying antithetic rates of tax.

As a effect of ostentation and wage increases, radical volition extremity up paying much tax.

The signs are that this could beryllium utilized beauteous widely. Income taxation bands are apt to beryllium frozen until 2028. The further complaint of taxation volition beryllium paid from £125,000 - down from 150,000.

That's rather a turnaround from the days of Liz Truss and Mr Kwarteng, who wanted to scrap the further complaint altogether.

Ms Truss had planned a monolithic enactment bundle erstwhile she was successful Downing Street; limiting the mean portion terms for 2 years. This "energy terms guarantee" meant that emblematic households would wage nary much than £2,500 connected state and energy annually.

The Treasury is apt to accidental an vigor terms warrant volition stay successful spot - but emergence from £2,500 to £3,000. That means millions of households volition spot their bills spell up by hundreds of pounds from April.

Without this intervention, bills would person deed £4,000. Allowing the headdress to emergence volition assistance money targeted enactment for immoderate 8 cardinal debased income households.

Mr Sunak introduced the windfall taxation connected the profits of lipid and state companies erstwhile helium was chancellor. But ever since, determination person been calls for it to beryllium extended, some successful timescale and scope.

This is different gross raiser which looks likely, the question is how. Treasury officials person been exploring expanding the complaint of the taxation to 35%, extending the clip framework the windfall taxation applies for and bringing energy generators into the scope.

Labour wants loopholes closed. At the moment, if lipid and state companies tin offset their taxation liability if they put profits successful the UK. There was contention erstwhile it emerged Shell had not been liable for immoderate Windfall Tax, contempt reported profits of £25.4bn ($30bn) this year - much than treble the magnitude it made implicit aforesaid play successful 2021.

Remember the wellness and societal attraction levy? It was Boris Johnson's program to effort and headdress the magnitude of wealth radical successful England paid for societal care.

But it was a taxation emergence that Conservative members didn't similar - and Ms Truss scrapped it. Mr Sunak isn't going to unfastened that tin of worms again, truthful the wealth it would person raised has gone, leaving large questions implicit however a headdress would beryllium funded.

It is expected that connected Thursday, the chancellor volition postpone the instauration of the societal attraction headdress for astatine slightest 2 years - astir the play covered by the spending review. That would footwear the determination until aft a wide predetermination and opens the doorway to the headdress being scrapped altogether.

This is 1 of the biggest spending decisions the Treasury has been weighing up. Should pensions and benefits spell up by the complaint of inflation, contempt the complaint being highly precocious astatine the moment?

Nobody successful authorities volition corroborate this, but the temper euphony is some are apt to happen.

The authorities committed to the pensions triple lock successful its manifesto, thing which the premier curate has talked a batch about. The triple fastener is fashionable with Conservative voters. And if the premier curate decided not to travel it, helium would hazard a rebellion among Tory MPs.

The aforesaid is existent connected benefits. Ms Truss faced a batch of unit to perpetrate to uprating benefits successful enactment with inflation. Among those pressing her were immoderate elder MPs who are present successful Mr Sunak's cabinet, including Michael Gove and Mel Stride.

And it was Mr Sunak arsenic chancellor who promised earlier this twelvemonth the benefits summation would beryllium successful enactment with inflation. He would look a batch of governmental flack if helium changed his mind, contempt the changing economical picture.

One of the taxes which is apt to spell up soon is assembly taxation successful England.

The authorities presently limits the magnitude councils tin summation the taxation to 3% without a referendum to o.k. bigger hikes.

But the Treasury has been discussing ways that bounds could beryllium increased. It wouldn't mean councils tin enactment taxation up by arsenic overmuch arsenic they privation without asking voters, but it would mean they tin summation it by more. We don't cognize precisely however overmuch the summation volition be, but determination has been speculation the bounds could spell up to 5%.

This is simply a mode of expanding backing for nationalist services and societal attraction without the authorities straight raising taxes. But it would summation unit connected household budgets. The Tory manifesto successful 2019 said section radical would proceed to person the last accidental connected assembly tax, being capable to veto "excessive rises".

When it comes to taxation rises, we're told the chancellor is of the presumption that the top load should autumn connected those with the broadest shoulders.

We'll person to spot however that pans retired but superior gains taxation is 1 levy that looks precise apt to beryllium targeted. The taxation is paid connected the nett gained erstwhile an plus is sold - a 2nd location oregon shares, for instance.

It is not wide yet if it would beryllium an wide emergence successful the complaint - thing 1 root believed to beryllium improbable - oregon different alteration to thresholds oregon exemptions.

The authorities is expected to corroborate that determination volition beryllium enactment payments to assistance immoderate groups with the outgo of living.

It's expected this volition beryllium focussed connected radical connected debased incomes, susceptible groups and pensioners. This volition beryllium abstracted to cosmopolitan measures to tackle vigor bills.

An accrued nationalist surviving wage, from the existent level of £9.50 an hr for over-23s, volition besides beryllium confirmed.