BudgetOct 21 2024

What tax changes could be on the Budget cards?

After engaging with this content, which carries an indicative 30 minutes of CPD, you will be able to:

  • Describe some of the principles of the UK tax system
  • Explain the core concepts introduced by Adam Smith
  • Explain the challenges with raising CGT
  • Describe some of the principles of the UK tax system
  • Explain the core concepts introduced by Adam Smith
  • Explain the challenges with raising CGT
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What tax changes could be on the Budget cards?
The chancellor has identified growth through additional investment as the sensible way to raise revenues. (Jonathan Brady/WPA Pool/Getty Images)

The state of the UK's public finances is not healthy. Keir Starmer’s government has identified a black hole of £22bn in the UK's public finances as well as significant under-investment in public services such as the NHS, education, and prison services.

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