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Spring Budget

A concise summary of the tax and non-tax measures announced in the Spring Budget.

  1. News

Introduction

Chancellor Jeremy Hunt delivered his 'Budget for Long Term Growth' on Wednesday 6 March 2024.

Personal tax

Highlighting income tax, savings, pensions and non-UK domiciled individuals.

Employment

Highlighting National Insurance, company cars and National Living Wage.

Business

Highlighting Corporation Tax, Furnished Holiday Lettings and R & D.

Capital taxes

Highlighting Capital Gains Tax and Inheritance Tax.

Other matters

Highlighting VAT, Stamp Duty Land Tax and simplification measures.

Latest News

07 May 2024

MTD for Income Tax pilot now live

HMRC's pilot scheme for Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) is now live.

07 May 2024

IR35 reforms taking their toll on skilled contractors

One in ten highly skilled freelancers are currently out of work due to the impact of reforms to IR35 tax legislation.
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Problems at HMRC

A review of the issues.

- Find out more
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Regulated for a range of investment business activities and licensed to carry out the reserved legal activity of non-contentious probate in England and Wales by the Institute of Chartered Accountants in England and Wales.

Registered Office as above. Company Number - 13733951. Registered in England and Wales.

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