Acuity Professional Group’s Post

🔍 Autumn Budget 2024: Key Changes and Dates You Need to Know Chancellor Rachel Reeves’ latest budget brings crucial updates in taxes, minimum wage, fuel duty, and investments in public services. From inheritance tax adjustments to National Insurance increases, explore the main changes and their timelines that could impact businesses, families, and individuals across the UK. Read the full breakdown here! https://lnkd.in/edc5BRYT #AutumnBudget2024 #Finance #UKEconomy #NationalInsurance #InheritanceTax #LinkedInUpdates

Unpacking the Autumn Budget Announcement 💰 Today was a big day with Chancellor Rachel Reeves, revealing important changes that will impact businesses and individuals across the UK. The announcement has brought increased Employer NI contributions, an increase in Capital Gains Tax and a rise in the National Minimum Wage. These government decisions are set to reshape our financial landscape and have a fundamental impact on businesses in the North East of Scotland and across the UK. Stay up-to-date and visit our website for a detailed breakdown of today's budget and what it means for you and your business. 🔗 https://lnkd.in/ekfc3-p3 If you have any questions relating to the budget, please get in contact with your Hall Morrice contact or our reach out to Tax Partner Chris Colville, for expert guidance.  #Budget2024 #TaxUpdate #BusinessTax #InheritanceTax #CorporateTax #CGT #MinimumWage

📢 Autumn Budget Uncovered 📢 Yesterday, Rachel Reeves delivered her first budget as Chancellor, introducing big changes for businesses and individuals! From National Insurance updates to a boost in the National Minimum Wage and Capital Gains Tax adjustments, there’s a lot to take in. Curious about how it all impacts you? Check out our full breakdown to get up to speed on what’s ahead 👉 https://ow.ly/Fuw050TX4nB #AutumnBudget #UKBudget

🔍 Labour's first budget in 14 Years: What should you watch for? 🔍 On October 30, Chancellor Rachel Reeves will deliver Labour's long-awaited Budget, facing a £40bn gap in public finances. She’s promised no return to austerity, so we'll likely see strategic tax changes and spending adjustments rather than sweeping cuts. Key areas to watch: - Employer NI contributions: Possible increases could impact hiring across the UK. - Tax threshold freezes: Could push more taxpayers into higher brackets. - Inheritance & capital gains tax: Rumored tweaks here might affect larger estates and investments. Will Reeves’ approach pave the way for growth or strain businesses and consumers alike? All eyes on October 30—tune in for the live broadcast or catch up here for the key takeaways and our response! Read the full article by BBC News here: https://lnkd.in/eURaA-cA

Our Spring Budget report looks at how the Chancellor was focused on growth, tax cuts and reforms. In particular we look at: ECONOMIC OUTLOOK – The OBR releases its five-year forecast for the UK economy and public finances. PERSONAL CHANGES Hunt raises HICBC threshold, further cuts NIC, changes CGT on residential properties, and gives non-dom an overhaul. BUSINESS CHANGES Furnished holiday lettings regime abolished but there are investment incentives and VAT threshold increases. To read our full report, you can click this link: https://lnkd.in/dA8_pVTh #springbudget2024 #springbudget #growthtaxcutsandreform #niccuts #hicbcthreshold #accounting #accountancy #accountants #charteredaccountants #accountantcamberley

Our #AutumnBudget update is here! This year’s Autumn budget, presented by Rachel Reeves, unveiled a series of measures that she said would “restore stability, protect working people, fix the NHS and rebuild Britain”. Our summary breaks down the essential points and insights you need to stay informed and prepared for the changes ahead, including: - National Insurance to rise to 15% for employers - Increase to Employment Allowance - Capital Gains Tax increases to 18% on lower rate and 24% on higher rate - Government to abolish non-dom tax regime - VAT on private school fees confirmed - Inheritance tax threshold freeze extended for a further two years to 2030 Read our full summary of the Budget below. For further information or advice on any of the points discussed, contact us at hello@sb-p.co.uk. https://lnkd.in/etu-As2r

Yesterday, Rachel Reeves delivered her first Budget as Chancellor, and the first Labour Budget in 14 years.  It brings some clarity and certainty following many weeks of speculation. The Government has had to balance a challenging fiscal situation with a plan to invest for the future and for growth. The Chancellor has increased taxes by a record £40bn and increased borrowing to £127bn for this tax year.  Alongside the headline changes to minimum wage, fuel duty and increased spending for public services there were several changes that may affect you. Read more: https://lnkd.in/eQ_iJmjA #CormackWealth #WeMakeItPersonal #Budget #Growth

The Autumn Budget 2024 feels like one of the most hotly anticipated budgets in recent memory. At this stage, an awful lot of uncertainty surrounds exactly what fiscal measures this new Labour Government will introduce to fill the apparent £22 billion spending gap, whilst boosting economic stability and growth (if that's possible?!). As we move into October, autumn days and the budget draw near. In anticipation, the article below assesses what fiscal policy might be on the cards and how this could impact individuals' finances across the fiscal board. #autumnbudget #fiscalpolicy #personaltax #investmentmanagement #ukgovernment

Yesterday saw the new Chancellor Rachel Reeves deliver the first Labour Budget since 2010. The Budget will increase taxes by £40 billion as the Chancellor promised to ‘fix the foundations’ of the economy, repair public finances and ‘invest, invest, invest’. We've pulled out some key highlights in our latest blog - have a read here https://lnkd.in/eNVyyAyC #autumnbudget #rachelreeves #eastmidlandsbusiness

Understanding what the Autumn Budget means for you 🤔 Rachel Reeves has delivered her first Budget as Chancellor, and the first Labour Budget in 14 years. It brings some clarity and certainty following many weeks of speculation. The Government has had to balance a challenging fiscal situation with a plan to invest for the future and for growth. The Chancellor has increased taxes by a record £40bn and increased borrowing to £127bn for this tax year. Alongside the headline changes to minimum wage, fuel duty and increased spending for public services there were several changes that may affect you... Full article in the comments below ⤵ #budget #finance #investments #tax