Did today's Budget spook you? Let's see what tricks we ended up with....
If the polls are right, there’ll be a change in majority government on 4 July. If so, there’ll likely be a Budget later in July, which due to the stretched public finances and Labour ambitions, is expected to increase taxes for some. [EDIT: Labour has confirmed there won't be an emergency Budget in July].
What actions might you take before 4 July to help ensure you’re not caught out by these changes?
Today's spring Budget 2024 was a worker's Budget. There were many changes encouraging us back into work. Not just the reductions in National Insurance but also aiming to deal with certain perceived unfairness to help us all feel better about bothering to turn up:
With Covid, several Prime Ministers and Chancellors and the run up to a general election, changes to the tax system have been numerous and we can expect more in 2024.
What can we see on the horizon and how should you react?