Autumn Budget 2024 – The Complete Summary
The Autumn Budget, presented by Labour’s first female Chancellor, Rachel Reeves, aims to build a better Britain while supporting growth and the NHS. Although some initial fears regarding tax changes were alleviated, new tax increases, including a rise in Employers’ National Insurance Contributions, sparked debate about their impact on working people. In this document, we […]
Autumn Budget 2024 – The Key Takeaways
Overview Many possible changes were the subject of speculation leading up to the Budget: this list includes things that have been ruled out, as well as changes that the Chancellor announced These key points include measures that were announced previously but are about to come into force Measures which will not take effect until future […]
Budget Announcement: Our First Reactions
Chancellor Rachel Reeves delivered Labour’s first Budget in more than 14 years today (30 October 2024) and pledged to “restore economic stability”, boost long term growth and mark an end to short term planning. Reeves has announced a programme of measures which will see taxes raised by £40 billion. If you have any questions, get […]
Spring Budget 2024
Despite there being few major surprises in the Spring Budget 2024, there is, as always, a great deal of information in the documents that are released on the internet following the Chancellor’s announcement. It is also possible to miss the impact of changes that were announced in previous statements and which are only now coming […]
Autumn 2021 Budget Report
On 27th October 2021, the Chancellor presented the Autumn 2021 Budget Report. In his speech he set out the plans to “build back better” with ambitions to level up and reduce regional inequality. We’ve summarised the key announcements below. Tax measures include: a new temporary business rates relief in England for eligible retail, hospitality […]
A breakdown of the 2021 Budget
On 3 March, Rishi Sunak delivered his second Budget as Chancellor with a three step plan to save, fix and rebuild the economy during and after the COVID pandemic. Unsurprisingly, Sunak started the Budget with updates to the ongoing Covid support measures, extending the furlough and SEISS schemes and announcing additional support to help businesses reopen as the economy starts to reopen. Other announcements […]