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The Chancellor confirmed that the payrolling of ‘benefits in kind’ is still planned to become mandatory from April 2026
The build up to the 2024 Budget was dominated by the pre-election promises made by the Labour Party.
Changes to Employer National Insurance Contributions and the National Living Wage were announced in the budget.
The Autumn Statement, Labour’s first Budget, delivered a number of changes for both individuals and businesses.
The Autumn Budget is estimated to be one of the most tax increasing budgets in recent history.
The Furnished Holiday Lettings (FHL) tax regime will be abolished from April 2025.