7 ways the Spring 2024 budget will affect your small business

Spring Budget Predictions 2025. Spring Budget 2024 What it Means for UK Businesses Forbes Burton Spring Budget 2025: 'overly optimistic' growth forecasts mean the chancellor could be plotting another tax raid - analysts In the Autumn 2024 Budget, the Chancellor said the thresholds will rise with inflation from 2028-29, but she could extend the freeze beyond that point in the Spring Forecast

Alas, the Charter for Budget Responsibility was passed through parliament in January in its original form, meaning that the Chancellor is required to have a forecast for current budget surplus in 2029-30 at the Spring Forecast Since the autumn budget, growth has undershot expectations, inflation has climbed and government bond yields have risen sharply

Our Spring Budget Predictions 1 Accounts

The Office for Budget Responsibility (OBR) will be updating its growth forecast before the Spring Forecast announcement is made, which could shape the direction the announcement goes in. Are more tax rises on the way? It has been announced by the Treasury that the Chancellor has commissioned the Office for Budget Responsibility (OBR) to prepare an economic and fiscal forecast to be presented to Parliament alongside a spring statement on 26 March 2025 Tax-hiking speculation before Labour's first Budget in 14 years sent the rumour mill into a frenzy

Hand holding wooden block with text Budget 2025 with blurred nature background. Yearly budget. Chancellor Rachel Reeves will present her Spring Statement on 26 March 2025 The OBR forecast will underpin the Chancellor's decisions at the next Spring Forecast

Government Budget Highlight Spring Budget Announcement Venton Ltd. Tax-hiking speculation before Labour's first Budget in 14 years sent the rumour mill into a frenzy In a knock to Reeves, the Bank of England has its reduced its growth estimate for the economy from 1.5 per cent to 0.75 per cent