The Autumn Budget 2024, delivered on 30th October 2024, outlines the key economic and tax measures announced by the Chancellor. This summary, prepared by Hartley Fowler LLP, highlights the most significant updates impacting individuals, businesses, and property owners.

Key changes include revisions to personal income tax, increases in National Insurance Contributions, updates to capital gains tax rates, and adjustments to inheritance tax reliefs. The document also explores changes to business taxation, VAT, and property taxation, alongside reminders of earlier announcements set to take effect.

We’ve provided a clear and concise breakdown to help you understand what these changes mean for you and your business. If you’d like to discuss the impact or seek tailored advice, please get in touch—we’re here to help you navigate the new measures effectively.