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Autumn Budget 2024—Private Client analysis

Copyright © 2025 LexisNexis
Published on: 30 October 2024
Published by a LexisNexis Private Client expert

Table of contents

  • Definitions
  • Income tax and National Insurance
  • Income tax and National Insurance contributions (NIC) thresholds
  • Starting rate for savings frozen
  • Inheritance tax
  • Inheritance tax (IHT) nil-rate band (NRB) and residence nil-rate band (RNRB)
  • Business property relief (BPR) from IHT
  • Agricultural property relief
  • Unused pension funds and death benefits
  • Inheritance tax digitalisation

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Article summary

Private Client analysis: A summary of the key personal tax announcements made in the Chancellor’s Autumn Budget on 30 October 2024.

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Jurisdiction(s):
United Kingdom

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