Autumn Budget 2024: Chancellor of the Exchequer Rachel Reeves delivered her Autumn Budget speech in the House of Commons on Wednesday 30 October. It included a number of key announcements that could impact employers’ pay and benefits strategies.
Autumn Budget 2024: Employer national insurance contributions (NICs) to increase to 15%
Autumn Budget 2024: Incentives for electric vehicles and fuel duty freeze to remain
Autumn Budget 2024: Employment allowance to double and £100,000 threshold scrapped
Autumn Budget 2024: Income tax thresholds to remain frozen until 2028
Autumn Budget 2024: Government to close loopholes around car ownership schemes