Monthly archive for October 2024

Rachel Reeves, the new Labour Government Chancellor of the Exchequer, presented the Party’s first Budget since 2010 – making history as the UK’s first female Chancellor. She expressed hope that her role will encourage further strides toward gender equity. Her Budget speech, which ran over 90 minutes,

In its first Budget since coming to power, and the first Labour Budget in more than 14 years, the new government has communicated its intent to address a “£22 billion black hole” with a raft of “painful” yet necessary changes to the tax regime. David Herd, group

In this year’s Spring Budget, the government announced it would be scrapping the existing furnished holiday lettings (FHLs) tax regime. A new measure, which will introduce specific tax treatment and separate reporting requirements for furnished holiday lettings accommodation, will come into effect from April 2025. This is likely