Spring Budget 2024
Chancellor Jeremy Hunt presented the Spring Budget on March 6, 2024.
This Summary covers the key tax changes announced in the Chancellor’s speech and includes tables of the main rates and allowances. At the back of the Summary you will find a calendar of the tax year with important deadline dates shown.
We recommend that you review your financial plans regularly as some aspects of the Budget will not be implemented until later dates.
We will, of course, be happy to discuss with you any of the points covered in this report and help you adapt and reassess your plans in the light of any legislative changes.
Contents include:
- Personal Insurance Tax
- Employees
- National Insurance Contributions (NIC)
- Savings and Pensions
- Capital Gains Tax (CGT)
- Inheritance Tax (IHT)
- Trusts and Estates
- Business Tax
- Corporation Tax (CT)
- Value Added Tax
- Property Taxation
- Other measures from the Autumn Statement as well as those previously announced.
We will be happy to help you adapt and reassess your plans in light of any legislative changes. Please contact Stuart Noakes, Head of Tax Services, on 01903 234904.
