Legal Article
What Labour's 2024 budget means for your business | Lawyerlink UK
On 30th October 2024, Rachel Reeves made history as the first female Chancellor of the Exchequer to deliver the UK Budget. After 14 years under Conservative leadership, the Labour government has presented a Budget aimed at addressing a £40 billion spending gap while honouring pre-election promises not to raise the main rates of income tax, VAT, or employee National Insurance contributions. While the Budget focuses on investment and growth, it introduces several significant changes
