The Chancellor of the Exchequer, Rachel Reeves, delivered her first Budget – and Labour’s first Budget in 14 years – on Wednesday 30 October 2024. We were warned, by Prime Minister Keir Starmer, that the Budget was going to be “painful”, leading to weeks of speculation regarding possible tax changes. Whilst many of the announcements were expected, the impact of some have still come as a shock.
Our Autumn Budget 2024 articles from some of our specialist lawyers around the Firm outline key updates for our clients, including high net worth and international clients. Subjects discussed include non-dom reforms, inheritance tax, and pension changes. We also cover National Insurance increases, Living Wage rises, Stamp Duty adjustments, and enhanced worker protections.
