Tag: autumn statement 2024

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Reeves increases Taxes by £40 Billion in Post-Election Budget

Reeves increases Taxes by £40 Billion in Post-Election Budget | 4 minute read UK Chancellor, Rachel Reeve’s highly anticipated budget reveals plans to raise taxes by £40 billion overall – the highest tax raising budget in modern times, topping Normal Lamont’s tax hike in 1993. The Finance Minister started proceedings by highlighting that the Labour…

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Autumn Budget 2024: What can small businesses expect?

Autumn Budget 2024: What can small businesses expect? | 2-minute read What is the Autumn Budget? The Autumn Budget is an annual financial statement delivered by the UK Chancellor. It provides an overview of the government’s spending plans, revenue streams, and overall economic strategy for the coming year. This year, Chancellor Rachel Reeves will deliver…