Capital Gains Tax Adjustments in Autumn Budget 2024
Chancellor Rachel Reeves has announced notable changes in capital gains tax (CGT), adjusting both lower and higher rates.The lower CGT rate has increased from 10% to 18%, while the higher…
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tax-free allowance
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Revised Earnings Figures Prompt 4.1% State Pension Increase
The Office for National Statistics (ONS) has published revised figures for average earnings growth, crucial for state pension calculations.Previously estimated at 4.0%, the figure is now revised to 4.1%, impacting…
Labour Abandons ‘British Isa’ Plan to Simplify Investment Landscape
Labour has decided to scrap the 'British Isa' initiative, initially designed to boost investment in UK stocks. The proposal faced criticism for potentially complicating the Isa market.Initially announced by former…
