The Prime Minister, Keir Starmer, has warned that the Autumn Budget 2024 will be painful and signalling a bleak day on 30th October.
Well, if you believe everything you read in the press, anyone with any money, property or a business might as well sell, shut up shop and move – but where?
Whilst we are seeing many scare stories in the media especially the Telegraph, (how this paper has changed over the last 10 years eh?), surely not every rumoured tax change can be in the 30th October budget, can it?
Labour promised pre-election to not increase the 3 big tax earners for the Treasury, namely Income Tax, VAT and National Insurance, but what else could they do to fill the purported £20bn hole and the fact that the public finances are worse than they feared (not sure how believable that is, as Govt. finances are as transparent as they have ever been and are in the public domain these days due to OBR etc).
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What do we think?
We’ve produced a guide to the potential changes that could be coming in the Labour Budget, and compiled the whole guide into a handy PDF which you can download by providing your details below.