Autumn Budget 2024 – Personal Tax Changes
Explore the key personal tax changes from the Autumn Budget 2024, delivered by Chancellor Rachel Reeves. Read here.
Explore the key personal tax changes from the Autumn Budget 2024, delivered by Chancellor Rachel Reeves. Read here.
Chancellor Rachel Reeves delivered her Budget on 30 October 2024. She pledged to ‘invest, invest, invest’ to drive growth and ‘restore economic stability’.
With an election looming and a change of government looking likely later this year, Jeremy Hunt took to the dispatch box in March to deliver his Spring Budget in a last-ditch attempt to change the Tories’ fortunes.
The higher rate of capital gains tax (CGT) for residential property disposals will be cut from 28% to 24% from 6 April 2024.
The Chancellor announced in the Budget that Multiple dwellings relief (MDR) will be abolished for transactions which complete, or which substantially perform, on or after 1 June 2024.