Autumn Budget 2024 – Business Changes

Autumn Budget 2024 – Business Changes

Learn about the key business changes from the Autumn Budget 2024, including tax reforms, support for small businesses, and new initiatives aimed at driving growth and investment.

Autumn Budget 2024 – Full Summary

Autumn Budget 2024 – Full Summary

Chancellor Rachel Reeves delivered her Budget on 30 October 2024. She pledged to ‘invest, invest, invest’ to drive growth and ‘restore economic stability’. 

Tax refunds no longer automatic

Tax refunds no longer automatic

HMRC is no longer automatically issuing cheques to refund PAYE overpayments. It is common for employed taxpayers to get to the end of the tax year and find that they have under- or over-paid income tax via PAYE. These discrepancies are calculated by HMRC at the end of...
Election results: what’s next?

Election results: what’s next?

Labour won a landslide victory in the general election on 4 July 2024 and Rachel Reeves made her first speech as the incoming Chancellor of the Exchequer on 8 July 2024, promising a ‘new approach to growth’. But how do Labour expect to achieve this growth and what are...
Reporting rules for digital marketplaces

Reporting rules for digital marketplaces

From 1 January 2024 online platforms such as websites, online marketplaces and apps that allow individuals and businesses to sell items and services are required to collect and report seller information and income to HMRC. If you sell items through eBay, Etsy,...