Autumn Budget 2024: ‘Unlocking the growth industries of the future’
More details have been revealed about the government’s ‘modern industrial strategy’
More details have been revealed about the government’s ‘modern industrial strategy’
Reeves also announced a new 20% IHT rate on AIM-traded shares
Pro-worker policies announced by the Rachel Reeves today could be ‘a burden on business’, industry warns
Chancellor Rachel Reeves labelled non-dom status as an ‘outdated concept’
London’s alternative investment market now only sees a 50% relief from IHT applied to its constituents
Changes measure to percentage of GDP
Reeves lowered the earnings threshold to £5,000, giving the government an extra £25bn in tax revenue
Rachel Reeves had been expected to extend the freeze on income tax thresholds
Higher rate of CGT has increased to 24%, while lower rate has risen to 18%
Will tick up to 2.6% in 2025, but fall to 2% by 2029