Budget news
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Autumn Budget 2024
In the first Labour Budget for 14 years, Chancellor Rachel Reeves delivered her Budget on Wednesday 30 October 2024. She pledged to ‘invest, invest, invest’ to drive growth and ‘restore economic stability’.
Read our ‘Budget Briefing’ for our key take aways.
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Budget updates here
Here you will find blog posts relating to the Spring Budget 2024 as soon as they become available.
Non-dom reforms
The remittance basis tax relief offered to non-UK domiciled individuals (non-doms) will be removed and replaced with a simpler residence-based regime from 6 April 2025.
Furnished holiday lets relief to be scrapped
Owners of furnished holiday lets will lose their entitlement to favourable income tax, capital gains tax and capital allowances as the FHL scheme is abolished.
VAT registration threshold raised
Effective from 1 April 2024, the taxable turnover above which a business is required to register and account for VAT will be increased from £85,000 to £90,000.
National insurance rates cut again
The headline news from the Spring Budget was further cuts to national insurance contributions (NIC) of 2% each for self-employed taxpayers and employees.
Spring Budget 2024
Chancellor Jeremy Hunt delivered his ‘Budget for Long Term Growth’ on Wednesday 6 March 2024. His speech promised ‘more investment, more jobs, better public services and lower taxes’.
Spring Budget 2024 Capital Gains Taxes
Chancellor Jeremy Hunt delivered his ‘Budget for Long Term Growth’ on Wednesday 6 March 2024. Capital Tax Changes.
Spring Budget 2024 Business Changes
Chancellor Jeremy Hunt delivered his ‘Budget for Long Term Growth’ on Wednesday 6 March 2024, with a number of business changes.
Spring Budget 2024 Employment Changes
Chancellor Jeremy Hunt delivered his ‘Budget for Long Term Growth’ on Wednesday 6 March 2024, where a number of employment changes were announced.
Spring Budget 2024 Personal Tax Changes
Chancellor Jeremy Hunt delivered his ‘Budget for Long Term Growth’ on Wednesday 6 March 2024.
Spring Budget 2024 Highlights
In the Spring Budget 2024, the Chancellor announced that the government was ‘sticking to the plan’ and therefore able to make further tax cuts for working people and to boost growth.Â
Spring Budget 2024 – keep up to date with Whitley Stimpson
Get all the latest insights and analysis on the upcoming Spring Budget from our tax experts. Visit our Budget News webpage for the latest tax changes and their impact.
National insurance rates cut
The Chancellor has announced cuts to national insurance contributions for self-employed taxpayers and employees.
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