Autumn Budget 2024

Chancellor Rachel Reeves today delivered her Spring Statement, outlining the Labour Government’s economic priorities and reaffirming a commitment to fiscal discipline and long-term investment.

Billed as the start of a “decade of national renewal,” the Statement acknowledged global uncertainty but marked a clear shift towards stability and responsibility at home.

While less headline-grabbing than last year’s Autumn Budget, the absence of major announcements is telling.

“No further tax changes” may sound reassuring, but it also signals no new relief in sight for businesses and their owners.

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No further tax increases – and no support for businesses!

“No further tax increases” – and no support for businesses!

Despite stating that “this Labour Government was elected to bring change to our country”...

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The UK’s economic outlook in “a changing world”

The UK’s economic outlook in “a changing world”

The Chancellor repeatedly referred to “a changing world” in her speech, citing the war...

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Labour’s tax evasion crackdown

Labour’s tax evasion crackdown

The Chancellor announced a further crackdown on tax evasion, aiming to increase ...

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Changes to MTD for ITSA: Quietly announced, massively important

Changes to MTD for ITSA: Quietly announced, massively important

One of the most significant updates in the wider Spring Statement document

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Reeves reminds us of changes made last year

Reeves reminds us of changes made last year

One of the key aspects to note was the reminder of previous tax changes made by the...

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Minor issues – still noteworthy!

Minor issues – still noteworthy!

Whilst seemingly unrelated to the broader impact on businesses that this Spring Statement...

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The real impact of the Spring Statement

The real impact of the Spring Statement

While this Spring Statement may have lacked headline-grabbing reforms, its message...

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