Spring Statement 2024 – the highlights

Spring Statement 2024 – the highlights

Chancellor Jeremy Hunt positioned worker and parental tax cuts at the core of his Spring Budget 2024 in a move to bolster the economy. The most substantial change announced was a 2p reduction in the rate of Class 1 National Insurance paid by employees. This tax cut...
Autumn Statement 2023 – the highlights.

Autumn Statement 2023 – the highlights.

The Autumn Statement aims to support economic growth through conventional measures, focusing on tax reductions, increased wages, and lower inflation. The key measures are: State Pension Increase Pensioners are set to receive an 8.5% boost in their State Pension,...