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From: "Titus Accounts Ltd" <titusaccounts-co-uk@a2ts.co.uk>
To: "Bob Home" <bob@sarahharvey.com>
Subject: Autumn Budget 2024
Date: Thu, 31 Oct 2024 06:29:09 -0000
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Dear Bob,


Chancellor Rachel Reeves delivered her Budget on Wednesday 30 October 2024. 
She pledged to 'invest, invest, invest' to drive growth and 'restore 
economic stability'.

Billions in tax rises

Ms Reeves said the Budget will raise £40 billion in taxes. Employers' 
National Insurance contributions (NICs) will be increased from next April 
while Capital Gains Tax rates will also rise. Inherited pensions will fall 
within the Inheritance Tax net from April 2027 while reliefs will be 
reformed on the passing down of agricultural and business assets. The 
Chancellor also confirmed the introduction of VAT on private school fees and 
the abolishment of the tax regime for non-UK domiciled individuals.

Protecting living standards

Ms Reeves said she would protect living standards by unfreezing the 
thresholds on Income Tax and employee NICs from 2028 while she extended the 
cut in Fuel Duty for another year. The Chancellor also pledged a decade of 
'national renewal' with increased funding for schools and the NHS. Further 
spending announcements included housing, transport and the aerospace and 
automotive sectors.

 <http://titusaccounts-co-uk.rc.clientzone.com/inbound/autumn-statement.htm> 
Click here to read our summary of the Autumn Budget 2024

Titus Accounts Ltd

  _____

Tel: 01217980020 <tel:01217980020>
Email: info@titusaccounts.co.uk <mailto:info@titusaccounts.co.uk>
Website: https://www.titusaccounts.co.uk


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10px; border-bottom: 5px solid #323756;"><img =
src=3D"https://titusaccounts.co.uk/wp-content/uploads/2021/01/logo.jpg" =
alt=3D"Titus Accounts Ltd" /></td>
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font-family: Arial, Helvetica, sans-serif; background-color: #FFFFFF;" =
valign=3D"top" bgcolor=3D"#FFFFFF"><p>Dear&nbsp;Bob,</p>
<p><p>Chancellor Rachel Reeves delivered her Budget on  Wednesday 30 =
October 2024. She pledged to 'invest, invest, invest' to drive  growth =
and 'restore economic stability'.</p>
<p><strong>Billions in tax rises</strong></p>
<p>Ms Reeves said the Budget will raise &pound;40 billion in taxes. =
Employers' National Insurance contributions (NICs) will be increased =
from next April while Capital Gains Tax rates will also rise. Inherited =
pensions will fall within the Inheritance Tax net from April 2027 while =
reliefs will be reformed on the passing down of agricultural and  =
business assets. The Chancellor also confirmed the introduction of VAT =
on private school fees and the abolishment of the tax regime for non-UK  =
domiciled individuals.</p>
<p><strong>Protecting living standards</strong></p>
<p>Ms Reeves said she would protect living standards by unfreezing the =
thresholds on Income Tax and employee NICs from 2028 while she extended =
the cut in Fuel Duty for another year. The Chancellor also pledged a =
decade of 'national renewal' with increased funding for schools and the =
NHS. Further spending announcements included housing, transport and the =
aerospace and automotive sectors.</p>
<p><a =
href=3D"http://titusaccounts-co-uk.rc.clientzone.com/inbound/autumn-state=
ment.htm"><strong>Click here to read our summary of the Autumn Budget =
2024</strong></a></p></p>
                        <p =
style=3D"font-size:13px;color:#333333;font-family: Arial, Helvetica, =
sans-serif;">Titus Accounts Ltd</p>
                        <hr />
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sans-serif;"><strong><u>T</u>el:</strong>                                =
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sans-serif;">01217980020</a>                                     <br />
                        <strong><u>E</u>mail:</strong>                   =
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sans-serif;">info@titusaccounts.co.uk</a>                                =
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