Alliotts Tax @alliottstax
We have now archived our X/Twitter accounts. To keep up to date with all things Alliotts, please visit https://t.co/yDtKfSNTO4 Alliotts.com London & Guildford Joined October 2009-
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We have reviewed our social media policy and have decided to archive our X/twitter accounts. Thank you to all our followers who have been on this journey with us. To stay in touch please visit our website @ Alliotts.com
The Alliotts tax team will now be digesting the detail of the #Budget2024 to deliver our summary tomorrow morning alongside our seminars from 8am
Rishi claims the budget contains broken promises and that they have not been straight with the British people.
After almost and hour and a half, the Chancellor has sat down having delivered her first budget.
£22.6bn increase in day to day health budget. £3.1bn increase in capital budget for NHS
10 year plan in spring 2025 to shift from hospital to community, from analogue to digital and from sickness to prevention
£6.7bn capital investment for Dept for Education. Over £1.4bn for rebuilding schools most in need. £2.1bn for improving school maintenance.
£3.4bn funding for warm homes project. Set up GB Energy
11 new green hydrogen projects funded across the UK
£500m increase in road maintenance budget to fix the pothole problem on our roads
Reduce right to buy discounts and councils to retain all of the proceeds so that they can be reinvested
Increase CGT on carried interest to 32% from April 2025
Tripling investment in breakfast clubs for schools
Income tax and NICs freeze extension would hurt working people.. so there will be no extension beyond the decisions of the previous government. 2028/29 onwards these will rise with inflation
VAT on private school fees from January 2025, remove business rates relief from April 2025 as well
Energy levy increased to 38% and remove the 29% investment allowance
SDLT reform in manifesto - increase surcharge for second homes by 2% to 5% effective tomorrow
Extend the temporary repatriation of funds to 3 years

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