Spring Budget 2024

Chancellor Jeremy Hunt has delivered his second Budget, in what could prove to be the final fiscal event before the general election. Headline announcements included plans to abolish the furnished holiday lettings tax regime, stamp duty land tax relief for buyers of multiple dwellings and the current tax regime for non-doms.

These measures will help to fund a 2p cut in national insurance for employees and the self-employed, though not employers. There were also changes to the high income child benefit charge, and a consultation on a new UK ISA to encourage investment in British companies.

Our experts have analysed what the Budget announcements mean for our clients, and their insights and commentary are published below.