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View our 2024 Spring Budget Report

Chancellor Jeremy Hunt delivered his 2024 Spring Budget speech yesterday, outlining a range of financial measures.

07 Mar 2024

Chancellor Jeremy Hunt delivered his 2024 Spring Budget speech yesterday, outlining a range of financial measures.

Mr Hunt outlined a 'Budget for long-term growth', which delivered an employee national insurance tax cut from 10% to 8% in April; an increase in the High Income Child Benefit Charge threshold from £50,000 to £60,000; and the abolition of the non-dom tax regime from April 2025.

The Chancellor also announced that, from 6 April 2025, the government will abolish the Furnished Holiday Lettings tax regime. This will stop the tax advantage owners of holiday lets have over those who let properties long-term to tenants.

Further details regarding the announcements made by the Chancellor featured in the official press releases. Our comprehensive Budget Summary outlines the key measures, including some of the less-publicised changes that may impact upon your business or personal finances.

For a detailed overview of the 2024 Spring Budget information, please read our 2024 Spring Budget Summary.

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020 7794 5757

Numera, 4th Floor Charles House, 108-110 Finchley Road, London NW3 5JJ

Numera is a trading name of Numera Partners LLP | Company Registration No. OC365787 | Place of Registration: England & Wales | Registered to carry on audit work in the UK by the Institute of Chartered Accountants in England and Wales.

About us

Numera is a newly established forward-thinking firm of chartered accountants, with over 25 years in experience of audit, accountancy, taxation and business advisory services.

We work with clients in a large variety of industries and sectors; from sole traders to multi-million pound turnover organisations. We aim to create and maintain a close relationship with our clients. By being so involved, we are able to identify opportunities for our clients as well as possible risks that our clients may be faced with.

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