Newsletter – August 2024
02/09/2024
Prime Minister Keir Starmer warns of a challenging Autumn Budget on 30th October, with potential changes to pensions and tax relief targeting those with higher incomes. Rumours suggest adjustments to pensions tax relief, tax-free lump sums, and capital gains tax are possible as part of efforts to reduce the fiscal deficit.
In other news, the Bank of England has lowered interest rates to 5%, benefiting SSAS borrowers by reducing loan costs.
Plus, meet our new team member Holly Sheridan, and support James and Joel as they prepare for the Great North Run, raising funds for Barnardo’s!
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