The Autumn Statement received mixed reviews from different stakeholders and sectors within the UK economy - with many key details left out or yet to be clarified.
To work through some of the key points, and how they may impact Scottish businesses - and the forthcoming Scottish Spending Review - we spoke to Douglas Sinclair, a partner in the private wealth and tax practice at law firm Shepherd and Wedderburn.
Responding last week, he said that the fiscal plans were a clear example of the power of stealth taxes, pointing out that the freezing and reducing of thresholds in a time of inflation may increase the total tax receipts of the government, without changing headline rates.