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March 2024 – The Chancellor’s Spring Budget

With an election looming, Jeremy Hunt delivered what he hopes will be a vote winning Budget with cuts to National Insurance and freezes to alcohol and fuel duty but will people feel the difference in their pockets? With changes announced to non-dom tax, Stamp Duty and Capital Gains Tax, there is a little bit to unpack, so we have provided a helpful summary of the announcements illustrating how it will affect you and your business.

Please click here to read a Spring Budget summary created by our sister company Hillier Hopkins.

What our clients say

One or more of the Satis Tax principals has been handling my personal taxes, both US and UK, for over 35 years. That fact speaks for itself. Several aspects of Satis' work impress me: 1) Thorough understanding of both the UK and USA tax systems; 2) Attention to detail; 3) A conservative approach combined with an appreciation that for the client "every dollar/pound matters" when it comes to limiting one's tax liabilities.

Mat
Montana

Having decided to emigrate to the U.S., I was completely unprepared for how complex the interaction between the UK and US tax systems would be. From initial tax planning advice prior to emigrating, several subsequent complex business transactions, to filing both our UK and US annual returns, I’ve always felt assured that Satis have a complete understanding of the complexities of the tax regulations. This has freed us from the worry of tax compliance in both countries. Over and above keeping us complaint, they have been an invaluable sounding board when we have found ourselves facing personal decisions that have had tax consequences through the years we have been living in the US.

Rob
Florida