Autumn Budget 2024: which taxes are going up?

Chancellor Rachel Reeves has unveiled £40 billion worth of tax hikes - here is what the Budget means for your finances

calculator on top of piles of money
(Image credit: Getty Images/Andrzej Rostek)

Chancellor Rachel Reeves has unveiled £40 billion of tax hikes in her Autumn Budget.

Reeves had warned of “tough choices” ahead of her first Budget today as part of efforts to plug gaps in public finances that Labour claims were left by the previous Tory government.

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Marc Shoffman
Contributing editor

Marc Shoffman is an award-winning freelance journalist specialising in business, personal finance and property. His work has appeared in print and online publications ranging from FT Business to The Times, Mail on Sunday and the i newspaper. He also co-presents the In For A Penny financial planning podcast.