Accounting Journal

Accounting Journal

Autumn Budget 2024 Summary

Asif Patel's avatar
Asif Patel
Oct 31, 2024
∙ Paid

On 30 October 2024, Chancellor Rachel Reeves presented her first budget to parliament. This was a budget intended to restore stability to our economy and to begin a decade of national renewal. Investment will be funded by revised debt rules to facilitate additional borrowing and a hefty £40 billion of tax rises.

Headlines included:

  • Immediate increases to …

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