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Autumn budget 2024 summary

Autumn Budget Report 2024

31/10/24

The first Budget from a Labour government since March 2010, and the first ever from a female Chancellor, proved to be the defining event that had been widely anticipated. From the moment in late July when Rachel Reeves unveiled her “£22 billion black hole” and announced means-testing for the winter fuel payment, it was clear her Budget premiere would be a challenging one for both the government and the governed.

Download your copy of our summary PDF here.

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This benchmarking exercise was carried out by Joel Calitchi, Esther Ollech and Frédéric Mortamais together with the members of the ETL GLOBAL Tax Working Group. The study considers how the location of an acquisition vehicle (“Holdco”) can materially impact the tax efficiency of a cross-border share acquisition, where a multinational (“Topco”) desires to acquire a trading business (“Tradeco”) in a […]

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