4 November 2024
Autumn Budget summary 2024
How the Autumn Budget affects you and your business.
The Chancellor's Budget and Statements
Insights
The Chancellors Budget and Forecast Statements
Join us on this page for all the latest news and updates from the Chancellor's Budget and Forecast Statements. Use the tabs below to discover all the initial reactions, further in-depth analysis and webinar recordings, where our experts discuss and debate how any changes may impact you and your organisation.
Autumn Budget 2024: The Budget unpacked
Rachel Reeves, the first female Chancellor in UK history, presented her Autumn Budget in October. This was Labour’s first Budget in over fourteen years and both the Chancellor and PM had hinted that difficult decisions would have to be made.
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22 November 2024
Impact on the Energy and infrastructure Sector
The recent budget announcements signal a renewed focus on the UK’s energy and infrastructure landscape, particularly in the realms of renewable and clean energy. This strategic shift is crucial for the UK to meet its net zero commitments, and it is expected to provide a significant boost to the green energy sector.
8 November 2024
Implications on Manufacturing & Automotive Sector
The Budget presented by Rachel Reeves, the first female Chancellor in UK history, can only be described as a complex budget in challenging times, but how will the announcements impact the UK’s Manufacturing and Automotive businesses?
5 November 2024
UK Budget announcements for large corporates
The Government has issued a corporate tax roadmap, which highlights the key points addressed in last week's Autumn Budget. Overall, there is little in the way of surprises for large corporates.
1 November 2024
National Living Wage to increase from April 2025
National Living Wage (NLW) rates are to increase from £11.44 per hour to £12.21, an increase of 6.7%, which is yet another large increase to the minimum wage.
17 September 2024
Business Relief could impact business legacy
Ahead of the upcoming Budget, rumours suggest could see changes to Inheritance Tax (IHT) Business Relief. Business Relief could now be capped at anywhere between £500,000 and £1m per person, removing the 100% and 50% reliefs that currently apply without limit on qualifying assets meeting certain requirements.
5 July 2024
What markets and businesses now expect from Labour
Elections often hold surprises. However, this UK general election did not. Rarely has a landslide victory for one party been so thoroughly predicted across political pundits and financial markets. As predicted, Labour won a significant majority, roughly 170 seats at the time of writing. Conservatives survived as the opposition party, and Liberal Democrats picked up a significant number of votes,...
Labour announces further changes for non-dom rules
Labour announced further details on the proposed changes to the non-domicile regime, which were first introduced by the Conservative Government in Spring.
13 June 2024
UK government priorities for innovation incentives
With the rise in AI and other disruptive technologies, companies continue to invest heavily in Research and Development (R&D).
28 June 2024
VAT on private school fees - risks & opportunities
As part of its 2024 election manifesto, Labour has committed to the removal of several tax exemptions from private schools resulting in additional VAT costs and compliance obligations.
Let’s Talk Tax podcast series
Welcome to the Let’s Talk Tax podcast series. Hosted by our team of tax experts, we bring you the latest UK and international insights, regulatory changes and technical updates that could impact you, your business and your sector.
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Liz Ritchie Head of Tax - Edinburgh
Autumn Budget 2024: The Budget unpacked
Rachel Reeves, the first female Chancellor in UK history, presented her Autumn Budget in October. This was Labour’s first Budget in over fourteen years and both the Chancellor and PM had hinted that difficult decisions would have to be made.
28 October 2024
Autumn Budget predictions 2024
Rachel Reeves has confirmed that Labour will have to raise taxes in a bid to claw back some of the Government's £22bn debt, with changes expected to be announced in the 30 October Autumn Budget and possibly effective from this date too.
28 August 2024
Autumn Budget 2024: Your guide to key FAQs
Discover what the Autumn Budget is, when it will take place and more as we answer frequently asked questions about this year’s Autumn Budget.
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