Key Takeaways from the Autumn 2024 Budget
Chancellor Rachel Reeves has presented an ambitious Autumn Budget, marked by £40 billion in tax hikes and increased government borrowing. With Labour’s first Budget in 14 years, the government aims to address public finance gaps and support public services, signalling the most substantial tax increases in decades. Tax Changes Impacting Individuals and Families Income and […]
Autumn Budget 2022
Chancellor Jeremy Hunt has delivered an Autumn budget aimed at stabilising the economy and to address increasing inflation. Spending cuts totalling £30bn have been announced while tax rises equate to £24bn. This is in light of October’s inflation rate of 11.1% and warnings from the Bank of England that the UK is in a 2-year […]