Rachel Reeves' Budget 2024 highlights will include the minimum wage increase
Rachel Reeves will raise taxes and increase borrowing as she promises to “invest, invest, invest” to “rebuild Britain”.
READ MORE: Autumn Budget 2024 predictions - what to expect on taxes, wages, pensions, benefits and the cost of living “More pounds in people’s pockets. An NHS that is there when you need it. An economy that is growing, creating wealth and opportunity for all. Because that is the only way to improve living standards.
Budget 2024 highlights include: The Chancellor has confirmed that taxes will rise, and the decision to avoid raising headline rates of income tax, VAT and employees’ national insurance limit Ms Reeves’ choices. The Chancellor has also reportedly considered changes to inheritance tax , which could include extending the number of years someone has to stay alive after passing on gifts to avoid the charge from seven to 10 years.
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