AUTUMN BUDGET 2024
Autumn Budget 2024 Summary
View our 18 page summary of the Autumn Budget 2024 as a Online Flipbook or Downloadable PDF via the links below.
Key points from the Autumn Budget 2024
- The main personal tax-free allowance (£12,570) and the 40% tax rate threshold (£50,270) to be frozen at their present levels, with no increases until 2028/29
- Substantial increases in Employers’ National Insurance Contributions from 6 April 2025
- Increase in Capital Gains Tax rates from 30 October 2024
- Inheritance Tax Agricultural and Business Property Reliefs restricted from April 2026
- Confirmation of the introduction of Making Tax Digital for Income Tax Self-Assessment from April 2026
- Unused pension funds and death benefits payable from a pension will be included in a person’s death estate for IHT purposes from 6 April 2027
For a more detailed overview of the Budget read our summary via the Online Flipbook or Download PDF linked above.
If you have any questions on how the Budget may effect you and your business then please don’t hesitate to contact us on 01597 824855 or info@rchca.co.uk
