Preheat oven to 350 degrees F. Line a standard loaf pan with parchment paper.
In the bowl of a stand mixer beat together the butter, sugars, and vanilla until light and fluffy. Add in the egg and mix until combined.
In a separate bowl mix together flour, spices, baking powder and baking soda.
Slowly add dry ingredients to the wet ingredients and mix to combine.
Add in the pumpkin puree and fold in the chocolate chips.
Pour the batter into the loaf pan and smooth out with a spatula.
Bake for 25-30 minutes until a toothpick inserted comes out clean.