The 2024 Budget includes several measures that will impact high earners and those with substantial assets. Capital Gains Tax (CGT): Starting in April 2025, CGT rates will rise, with general asset sales taxed at 18% for the lower band and 24% for the higher. Carried interest...

The Budget announcement focused on advancing economic stability and driving a renewable energy transition, with a significant impact on Aberdeen’s energy sector. Chancellor Rachel Reeves’ commitment to establishing Aberdeen as the base for Great British Energy (GBE) was evident, with £25 million allocated for the set-up...

The 2024 Budget introduces substantial tax changes with the aim of stabilising the economy and increasing public investment. However, it presents both challenges and opportunities for businesses across the UK. Tax Changes and Business Impact One of the most notable changes is the increase in employer National...