In this last post in our series of insights into the recent Budget, we take a quick look at some of the tax administration measures that were introduced by the new Chancellor. 

A number of changes in the tax regime for non-doms and resident foreigners which had been previously announced, were confirmed in the recent Budget. In some cases, the changes will be significant and in this post we take a closer look at what they are and how the changes may affect you. 

The recent Budget included a number of tax measures that will affect businesses and their owners. In our last article, we reviewed the changes in respect of business Tax, NIC and VAT, and so in this post we take a look at some of the other measures that are being introduced and how they may affect you and your business. 

Ahead of the Budget, there was much concern that it would be businesses that would bear the brunt of any tax raising measures and to a great extent this has been born out by the measures announced. So in this Budget 24 Summary article, we take a look at the changes to Corporation Tax, NICs and VAT.  

In this Budget 24 Summary article, we have summarised the main changes in respect of Capital Gains Tax, Inheritance Tax, pensions and Stamp Duty and how they may affect you, your family or your business.  

Chancellor Rachel Reeves delivered her Budget on Wednesday 30 October 2024. She pledged to ‘invest, invest, invest’ to drive growth and ‘restore economic stability’.  

But what about tax?

The digital nomad existence does sound idyllic. You wake up in an exotic location, and head down to the beach bar with your laptop. After a couple of hours working away at your remote business, you spend the rest of the day on the beach. Or working away with views over a fabulous bay / mountains / rain forest …or whatever is on offer at your latest location.

Last year, the newspaper headlines were full of alarmist warnings that HMRC was rolling out a new “side hustle tax” that would affect people selling on platforms like Vinted and Depop.

A quick look at how the provisions of the recent Autumn Statement may affect tax administration.