Publications

Chancellor Rachel Reeves delivered her Budget on Wednesday 30 October 2024, the first Labour Budget for almost 15 years. We will take a look at a few of the main announcements in further detail.

Chancellor Rachel Reeves delivered her Budget on Wednesday 30 October 2024. Read our report of the main announcements.

Tax-efficient gift-giving is an essential aspect of estate planning that can significantly reduce your inheritance tax liabilities while benefiting your loved ones. By carefully planning and utilising the available allowances and exemptions, you can ensure that more of your wealth passes on to your family and less is lost to taxes.

If you don’t normally complete Tax Returns but think that you may have tax to pay then remember, it is your responsibility to tell HM Revenue & Customs (HMRC). Don’t wait for them to come after you! The clock is ticking. You must tell HMRC by 5 October 2024 at the very latest.

With the recent rumours of potential changes to the taxation of pensions in the new Labour Government’s first Budget on 30 October, it is probably a good time to review your pension planning to make sure you are making as much use of your allowances as possible.

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