Chancellor Rachel Reeves' Labour Budget on 30 October 2024 introduces significant measures, including raising the National Living Wage to £12.21 per hour from April 2025 and increasing National Insurance contributions, alongside the abolition of the non-domicile regime affecting high-net-worth individuals. Additionally, changes to Capital Gains Tax rates and the inclusion of pensions in inheritance tax from April 2027 will require a reassessment of financial strategies amid rising employment costs.

Our tax card contains lots of information on personal, business, employment, property and capital taxes, including some key recent changes.

Chancellor Jeremy Hunt delivered his ‘Budget for Long Term Growth’ on
Wednesday 6 March 2024. His speech promised ‘more investment, more jobs, better public services and lower taxes’. We bring you, what you need to know from the statement. 

Download our PDF on the Autumn Budget. Against an improving economic backdrop, the Chancellor is keen to stimulate economic growth and highlighted 110 measures for businesses. In addition, there were significant statements relating to National Insurance changes and also the reform of work-related state benefits.

In this guide we’ll outline the DDS process, benefits and how our tax advisers will give you a sense of clarity, confidence and a straight-forward approach to navigating the DDS process.

Our property tax for investors guide has been written to help decide which is the best structure for your property business and provide answers to some of the tax questions you should consider. 

Our guide to Probate and estate administration explains the financial and legal process which takes place after someone has died. 

Our starting a business guide has been written to help your business and provide answers to some of the questions you should consider before preparing a business plan. 

In this guide we look at the different options for estate planning, from simply spending your money to making gifts through the use of trusts. We look at the four key parts involved in Estate planning.

A trust is an ideal vehicle for an individual who wishes to remove assets from their estate in a tax efficient manner, without passing absolute control and ownership to a beneficiary. Our guide covers what a trust is, how to use them as well and any tax consequences involved. 

Not sure what to include in your business expenses? Download our free guide where we explain what business expenses, benefits and loans you can include as part of your expenses.