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UK Autumn Budget delivers significant tax increases but seeks to plan for the future

31 October 2024

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Tax Alerts, Legislation & Policy, National/Federal Taxation, Global

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United Kingdom

The United Kingdom (UK) Autumn Budget brought significant tax increases, particularly for employers, with an increase in employers' National Insurance contributionsIn delivering her Budget, the UK Chancellor of the Exchequer noted that the only way to drive economic growth was to invest and to deliver that investment for the UK Government to restore economic stability.The Finance Bill 2024-25, which will implement a number of the measures announced in the Budget, is due to be published once the Budget resolutions are agreed. This is expected to happen soon after 6 November. The United Kingdom (UK) Autumn Budget, delivered on 30 October by...