As the UK awaits Chancellor Rachel Reeve’s Autumn Budget on October 30th, 2024, accounting firms are forecasting sweeping changes to the tax landscape. With the new Labour government facing a reported £22 billion shortfall in public finances,

With the Autumn Budget less than two weeks away, speculation about which taxes Chancellor Rachel Reeves will opt to raise has reached fever pitch. On entering No 11 Downing Street, Reeves commissioned the Treasury to conduct a thorough spending audit,

The Chancellor is expected to commit to the previous Tory government’s plans to save the sum by reforming work capability rules.

Recent reports suggest Ms Reeves has backed away from the idea of fundamentally reforming pensions tax relief by introducing a “flat rate” of tax relief set somewhere between 20 per cent and 30 per cent, as previously predicted.

Prime Minister Keir Starmer has already warned of ‘difficult decisions’ – but what measures and policies would you like to see introduced in Labour’s first autumn statement?

Inflation slowed to 1.7 per cent in the twelve months to September, taking the inflation rate to its lowest levels since spring 2021. While markets and forecasters had expected the inflation rate

There are several changes that would affect homeowners, renters and landlords that could be made on 30 October

Ms Reeves is reported to be mulling over leaving capital gains tax on property untouched, according to reports.

He believes part of the £40billion will be smaller rises in spending in some parts of the public sector. But this would still leave the Treasury having to find a hefty chunk of t