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On 8 July, Reeves gave her first statement as Chancellor, [5] [6] and on 29 July she confirmed 30 October as the date for the budget. [7] [8] It is the first budget presented by Reeves during her tenure as Chancellor. It also is the first Labour budget since March 2010, [9] and the first budget to be announced by a female chancellor. [10]
Since autumn 2017 the United Kingdom budget typically takes place in the Autumn in order to allow major tax changes to occur annually, well before the start of the fiscal year. [2] The most recent budget was presented by Rachel Reeves on 30 October 2024. The UK fiscal year ends on 5 April each year. The financial year ends on 31 March of each year.
The October 2024 United Kingdom budget presented by Rachel Reeves Topics referred to by the same term This disambiguation page lists articles associated with the title 2024 United Kingdom budget .
Autumn budget 2024: 8 predictions to watch out for – from winter fuel to inheritance tax. Kate Devlin. Updated October 30, 2024 at 4:20 AM. Rachel Reeves is set to unveil Labour’s first Budget ...
Labour's Budget tax increase on employers could hit workers' pay, Rachel Reeves has admitted. Asked whether the move is a jobs tax which will take money out of people's pockets, the chancellor ...
October 31, 2024 at 12:52 AM Rachel Reeves has announced Labour’s first Budget in 14 years , making history as the first female chancellor to lead the fiscal event.
Chancellor Jeremy Hunt delivers the 2024 United Kingdom budget. Among the measures introduced are a 2% cut in National Insurance, the abolishing of non-dom status, a new tax on vapes, and a £3.4bn plan to modernise the NHS's IT system. [237]
Rishi Sunak will use the occasion on October 27 to announce the conclusions of the 2021 Spending Review.