Top 5 Autumn Budget predictions - 2024
Автор: Money to the Masses
Загружено: 2024-10-01
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On 30th October Labour will reveal its Autumn Budget. The predictions I discuss in this clip are some of the predictions gaining the most traction among commentators and experts but of course none of them may come true.
This is an excerpt from the weekly Money to the Masses podcast where we teach all things money related from budgeting to investing. You can watch the on youtube or spotify and listen to it via any podcast app. MAKE SURE TO SUBSCRIBE TO OUR YOUTUBE CHANNEL
For the full video on the Budget predictions see the PINNED COMMENT.
As an aside, during Labour's recent conference, the Chancellor stressed that the Labour government will not increase the basic, higher, or additional rates of income tax, national insurance, or VAT. Corporation tax will also be capped at its current level. These were key election pledges which were reiterated.
That said, the Chancellor confirmed the party will extend the Energy and Profits Levy on oil and gas producers, as well as end non-dom tax loopholes and crack down on tax avoidance and evasion. The introduction of VAT on private schools was also confirmed.
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