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Welcome to Our Latest Newsletter
The Chancellor, Rachel Reeves, will deliver Labour's first Budget on Wednesday 30 October.
She had referred to the upcoming Budget being a “painful” one. As a result, there had been speculation on where spending will be cut and tax raised, which may have affected consumer confidence.
However, the Chancellor’s speech at the party conference at the end of September concentrated on the positive results she expects to bring to the economy. She plans to grow public spending in real terms as she believes that investment by the government will help the economy to grow. There may be changes upcoming to the rules on government borrowing so that more investment is allowed.
Whether this means that the Budget will not be as painful as we might have been expecting is hard to know. As always, we will keep you posted on the Budget developments.
In the meantime, below is our round-up of the latest tax and business news. Please contact us if you want to talk about how these updates affect you or your business. We are here to support you!
Your 2024 Self Assessment Tax Return
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Abolishment of Furnished holiday lettings tax regime confirmed
New tipping laws: What employers and employees need to know
Make sure you claim your child benefit!
Companies House introduces new financial penalties regime
Chancellor pushes for e-invoicing: What you need to know
Adapting to change: Strategies for business success
Increase in warmth standards for rented homes
Amazon ends hybrid work policy: Is it time to reconsider remote working?
Government to unveil new plans to tackle youth unemployment and long-term sickness
Are you National Minimum Wage compliant?
Government crackdown on illegal employment: What business owners need to know
Check your National Insurance record: Are you missing out on your full State Pension?
Don’t miss out on Winter Fuel Payments: Check your eligibility for Pension Credit
VAT on private school fees: What that means for you
05 Nov 2024
Chancellor Rachel Reeves pledged to 'invest, invest, invest' to drive growth and 'restore economic stability' in the Autumn Budget.
Business groups have reacted to Chancellor Rachel Reeves' Autumn Budget speech.
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