AUTUMN BUDGET - 30 OCTOBER 2024
October 30, 2024
The Budget of huge change. Rachel Reeves delivered her first Budget for the new-ish Labour Government, notable as the first by a female Chancellor in the UK’s history.Prior to the Budget there had been huge speculation about the content. Tax rises were expected, and the Ch...
BUDGET 2024
March 7, 2024
Key points
The key points are covered below. You can also view or download our more detailed booklet by clicking the link above:OverviewMost tax rates and allowances were announced in advance at the Autumn Statement, and the significant new proposals were all predicted – there were n...
Autumn Statement 2023
November 23, 2023
Mind your headroom
In the weeks leading up to the Autumn Statement, the press was full of speculation about tax cuts. This was a surprise, just over a year after the tax cuts announced by Kwasi Kwarteng were judged imprudent by the international markets, contributing to a fall in the value of ...
Autumn Statement 17 November 2022
November 18, 2022
This was the third fiscal statement this year and the third different chancellor to deliver it. We have had four Chancellors in the UK this year, but Chancellor three of the year, Nadeem Zahawi, didn’t get the opportunity to deliver a fiscal statement at all.
Jeremy Hunt...
The Growth Plan
September 23, 2022
EDIT - 17 October 2022
The text below was written at the time of the fiscal statement on 23 September 2022.
Since then the original Chancellor, Kwasi Kwarteng, rowed back on the removal of the Additional Rate (45% tax above £150,000 of personal income).
After pressure from&nbs...
Autumn Budget 2021
October 27, 2021
AUTUMN BUDGET 2021
Rishi Sunak delivered his third Budget as Chancellor on 27 October 2021. This year it was combined with the Spending Review for Government Departments and that spending element did take up the bulk of the speech which was light on new tax measures. The Chancellor certainly e...
Budget 2021
March 4, 2021
A year ago Rishi Sunak delivered his first Budget as Chancellor. That was against the pandemic just starting and events overtook it rapidly.
This year, with the pandemic appearing to be coming under control, he had a chance to lay out a future plan to restore the economy.
Th...
Spring Budget 2020
March 12, 2020
Spring Budget 2020
“Getting it done” was the constant refrain of Chancellor Rishi Sunak during his first Budget, delivered on 11 March 2020. An ironic phrase given this budget was originally scheduled for November 2019. The original Budget being delayed by the election. Of course, that ori...
Autumn Budget 2018
October 30, 2018
Philip Hammond delivered his 3rd Budget as Chancellor on 29 October 2018. The Government have clearly decided to loosen the purse strings a little and the commitment to bring the Government finances back in to surplus has been delayed until at least 2025. Growth forecasts of...
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