April 2024

Key Accounting Updates: April Roundup

Welcome to this month’s news roundup, where we’ll be covering the latest developments in the world of finance and tax.

This edition focuses on significant developments across the UK economy. UK house prices have risen as falling interest rates make mortgages more affordable, offering some relief to homebuyers. The manufacturing and research & development sectors are set to receive a £360 million boost, aimed at driving innovation and growth. In addition, changes to salary bands and stealth taxes are shaking up savings, impacting take-home pay for many. The Prime Minister has also proposed scrapping National Insurance, which could lead to major shifts in how public services are funded and affect the wider tax landscape. Stay tuned for these key updates and more.