Welcome to our Budget Hub. Here you will find up to date information relating to the most recent Scottish and UK Government Budget announcements. Whether you're a business owner, a financial professional, or simply someone who wants to stay informed about economic changes and the UK's public finances, you'll find all the latest news and updates here.
Timely updates: Stay ahead of the curve and make informed decisions with our timely information delivered shortly after each Budget speech on Budget day.
Comprehensive coverage: From corporation tax to national insurance contributions to indirect taxes, we break down the key points of each Budget announcement in clear and concise language. No more wading through dense government related documents – we do the hard work for you.
Expert analysis: Our team of financial experts turns complex financial information into actionable insights for businesses, individuals, and families. Our analysis will help you understand the implications of Budget decisions on your finances and forecasts.
Scottish Budget 2024
It has been announced that the 2025/26 Budget will be presented to the Scottish Parliament on 4 December 2024.
Autumn Budget 2024
The Chancellor, Rachel Reeves delivered the first Labour Budget in 14 years on 30 October 2024 that will raise taxes by £40bn with more than half coming from employers. Our team of sharp minds have shared their Autumn Budget highlights in videos. Find out more here.
We will also be running a webinar on Tuesday 5 November where you can hear our expert insight and analysis of the Budget and what the announcements mean for you, your business, and the economy as a whole.
Spring Budget 2024
On Wednesday 6 March the Chancellor of the Exchequer, Jeremy Hunt, delivered the Spring Budget 2024 with a focus on delivering more jobs, more investment and lower taxes. We've pulled out the key announcements we feel may impact you and your business. Read more, here.
Scottish Budget 2024-25
Since the last Scottish Budget was presented (December 2022), the Scottish Government’s room for manoeuvre has reduced. Reports suggested that Shona Robison had to find £1.5bn in extra revenue, or spending cuts, to deliver a balanced budget. In order to fill part of this financial gap, the Scottish Government has announced increased Income Tax rates. However, the amounts expected to be raised by the increased tax rates are relatively modest. Here, we cover the key announcements that may impact our clients.