Chancellor George Osborne has announced that he will make this year's autumn statement on the 29 November 2011. The Office for Budget Responsibility will also publish its economic and fiscal outlook on that date. The announcements made in George Osborne's statement are likely to form the basis of the Finance Bill 2012. The statement is likely to cover changes to the tax treatment of asset-backed funding arrangements. To view our earlier update on HMRC's consultation on the tax treatment of asset-backed funding arrangements, click here.