Budget 2024 Hub

Autumn 2024 budget hub - page header.jpg LATEST BUDGET NEWS: Government accepting, in full, the 10 recommendations from the Office for Budget Responsibility review | Reeves states this budget will raise £40 billion in taxes | HMRC systems to be modernised, additional compliance and debt staff to be recruited and exploitative umbrella companies to be targeted | Pensions Triple Lock to be maintained | No increase to National Insurance or income tax for employees | Increase in employer's National Insurance to 15% from April 2025/26 | Secondary threshold for employer's National Insurance to be reduced from £9,100 to £5,000 | Employment Allowance increased from £5,000 to £10,500 from April 2025/26 | Tax and National Insurance thresholds will not be extended beyond 2028 | Non-domiciled status to be removed from 2025/26


Welcome to your hub for the Budget 2024

This page will be updated to include all the latest updates from the Budget 2024, being held on Wednesday 30 October 2024, and includes information to help and guide payroll professionals through the main changes.

The page includes the latest news, resources, and links to internal and external resources.  Please feel free to share this webpage with friends and colleagues.   

The hub will be updated as and when more information becomes available so check back regularly.

Latest news

View more
 

Latest and previous budgets