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During the 2024 Budget, the Chancellor announced more tax cuts ahead of the election.
Catch up with all of the developments from this year's Spring Budget as John Endacott, head of tax at PKF Francis Clark, reviews what the announcements mean for individuals and businesses.
Make sure to read our in-depth analyses on our Spring Budget hub: www.pkf-francisclark.co.uk/bu...
0:00:00 Introduction
0:02:05 Government debt
0:04:19 Where did the money come from?
0:09:39 Some thoughts on income tax
0:16:31 Some thoughts on other tax changes
0:30:59 Effective tax rate for an employee on median salary
0:34:44 Impact on labour supply
0:39:10 Bonus vs dividend post-Budget
0:43:15 Rishi Sunak's legacy
0:48:08 Is the tax system fit for purpose?
0:53:46 Public services spending
0:57:07 Final questions
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