Budget 2024 Tax Changes. We understand you may be concerned about the upcoming budget and how it may impact your personal tax affairs, so we have summarised the main potential personal tax changes which could be introduced. How tax rises by chancellor rachel reeves will hit london firms and londoners.
After a few interesting updates on business tax reform, we expect the budget to involve a lot of relatively small tax rises targeting wealth but primarily focussed on restriction of reliefs with few change to rates and thresholds. This page is a short summary of the main changes in taxation, cost of living supports, supports for energy costs, social welfare, health, housing, education, employment and other areas.