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How the Inheritance Tax changes could affect you

How the Inheritance Tax changes could affect you

Inheritance tax (IHT) is a tax paid on the estate of deceased individuals that exceeds certain thresholds, known as the Nil Rate Bands (NRBs). It has recently been in the news due to some announcements made in the Autumn Statement at the end of October. In this...
What the Autumn Statement 2024 means for you

What the Autumn Statement 2024 means for you

Wednesday 30th October 2024 marked the first Labour Budget in 14 years, as the Chancellor announced her Autumn Statement. The Chancellor, Rachel Reeves, warned of the “difficult decisions” she would have to make. This was to fill a £40bn shortfall between...
What can we expect from the Autumn Statement?

What can we expect from the Autumn Statement?

On Wednesday 30th October, the Chancellor the Exchequer, Rachel Reeves, will announce her first Budget, known as the Autumn Statement. She has indicated that the Budget will involve “difficult decisions”, to fill a £22bn “black hole” in the...
Autumn Statement 2023 – What it means for you

Autumn Statement 2023 – What it means for you

It’s been a busy few weeks for the current Conservative government. A prominent minister has been sacked and thereafter followed a reshuffling of Cabinet. One area of consistency within the Cabinet is the Chancellor of the Exchequer, a position still held by Jeremy...