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The Autumn Budget changes to Capital Taxes herald a 'golden age' for Private Client tax specialists and even led to James Murray MP, Exchequer Secretary to the Treasury, making an appearance on BBC's Newsnight where he clearly recommended that those impacted by the tax changes should consult the services of a tax adviser. Hopefully, we can help out there!
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Now that the 'Self Assessment season' is fully underway, this week we have a broad range of updates, new guides and checklists that will support you. We also continue our review of Budget Announcements and the new Finance Bill has been published.
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We are continuing to dissect key announcements from the Autumn Budget 2024 this week and we have created a number of adviser and client briefings which we hope you will find useful.
The Chancellor, Rachel Reeves, presented her 2024 Autumn Budget to Parliament on 30 October 2024.
Her key announcements included raising the rates for the National Living Wage (NLW), Employer's NICs, Capital Gains Tax (CGT) and Stamp Duty Land Tax (SDLT) as well as making Inheritance Tax (IHT) reforms for business property.
Here was our live feed summary of the tax and economic highlights of the Chancellor's Autumn Budget speech.
Our full coverage is now located in our Autumn Budget 2024 Zone.
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With only a few days to go until the long-anticipated Autumn Budget, we have something of a bumper update for you this week. This includes a proposed timetable for Companies House reform, increased company size thresholds, a new HMRC tax avoidance spotlight, and several tribunal cases.
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