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      <image:title>Blog - Spring Budget 2024 - Taxation National Insurance for employees - dropping from 10% to 8%, this is following a 2% cut in January. National Insurance for the self-employed - Class 4 National Insurance dropping from 8% to 6%. Class 2 National Insurance (£3.45 per week) being completely abolished. Non-dom tax regime, for UK residents whose permanent home is overseas, to be replaced with new rules from April 2025 £5,000 UK ISA tax allowance for savers investing in "UK-focused" shares - to be set up following a consultation Business &amp; Investment Threshold at which small businesses must register to pay VAT raised from £85,000 to £90,000 from April Covid-era government loan scheme for small businesses extended until March 2026 Tax reliefs for touring and orchestral productions, which had to been due to end in March 2025, made permanent</image:title>
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      <image:title>Blog - Spring Budget 2024 - Benefits &amp; Income Support Full child benefits to be paid to households where highest-earning parent earns up to £60,000 - the current limit is £50,000 Partial child benefit to be paid where highest earner earns up to £80,000 Longer repayment period for people on benefits taking out emergency budgeting loans from the government Government fund for people struggling with cost of living pressures to continue for another six months £90 admin fee to obtain a debt relief order scrapped Cigarettes, Vapes &amp; Alcohol Freeze on alcohol duty, which had been due to end in August, to continue until February 2025 New tax on vaping products from October 2026, linked to the levels of nicotine Tobacco duty to go up £2.00 per 100 cigarettes at same time, to ensure vaping remains cheaper</image:title>
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      <image:title>Blog - Spring Budget 2024 - Transport &amp; Energy Fuel duty frozen again, with the 5p cut in fuel duty on petrol and diesel, due to end later this month, kept for another year "Windfall" tax on the profits of energy firms, which had been scheduled to end in March 2028, extended until 2029 Air passenger duty, the tax paid on flights, to go up for business class tickets £160m deal for UK government to purchase site of planned Wylfa nuclear site in north Wales A further £120m for a government fund that invests in green energy projects Housing Higher rate of tax paid on profits from selling property cut from 28% to 24% Tax breaks for owners of holiday let properties scrapped Stamp duty tax break when purchasing multiple properties in England or Northern Ireland to end in June</image:title>
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