news.com.au’s Post

ICYMI: The 2024-25 Federal Budget has landed. Here are some of the key things you should know. #FederalBudget #KearneyGroup #TrulyIntegrated #financenews https://lnkd.in/gwKA-Y67

If you were one of those who was not finding the build-up to Wednesday’s Budget easy, I hope it passed by painlessly, or at the very least not as badly as you feared it might. I was among those lucky enough to attend the annual live Budget event staged by accountants Randall & Payne LLP and its partners Rathbones Group Plc at Gloucester Rugby’s Kingsholm stadium, and decided to risk it among a room full of business people, entrepreneurs, high-net-worth individuals and the professionals who advise them - that portion of the country the Government seemed unsure were members of the working population or not. I proved to be in wonderful company. Rather than just hearing what the Chancellor said, it was a chance to judge how her Budget was received and what the mood was like among those who will make the significant decisions from here on in. The main article leading the Thursday's edition of The Raikes Journal below gives you a flavour of all that. There was a vote on the Budget - thumbs up or down. The response is in the article too. It was unanimous. And in a separate piece we also have Julian Dunkerton's knee-jerk reaction to the Budget - with his hospitality hat on as owner of the Lucky Onion LLC Group and the Cheltenham destination that is No.131 The Promenade. Business West | James Geary BMus CTA ATT | Rob Case | Fiona Hughes | Tim Watkins FCA | Chun F Kong | Tim Hurst | Tristan George | Tim Ward | John Wyn-Evans | Chris Wills | Ian Stewart | jamie underwood | Alan Ible Nikki Cairns FCCA MAAT | Will Abbott | Kat Jameson | Lee Summers | Shaun Pegler ACCA FMAAT | Silas Miller | Chris Price | Adam Chotoye DipPFS | #hospitality | #Gloucestershire | #Budget

High level summary of the Budget here

We analyze the proposed federal budget measures, and the effect they may have on Canadians and their families. #federalbudget2024

So, following yesterday's budget a sigh of relief sounded around the country as many of the "proposed changes" were (once again) a false alarm. If you would like to read our summary of the 2024 Autumn budget, you can access it by clicking the link below. #feelfreetoaskanyquestions #AutumnBudget #wrensterling https://lnkd.in/emQNFac6

Having addressed two of the more impactful proposed changes announced in the #federalbudget over the past two weeks on my page, I wanted to share this RBC Wealth Management article which analyzes the wider proposed federal budget measures, and the effect they may have on #Canadians and their families. RBC Wealth Management, Royal Trust, RBC #budget #canadianbudget #tax #capitalgainstax #AMT #CPP #Childbenefit #disabilitybenefit #homebuyersplan #employeeownershiptrusts #housing #cleanenergy

Here's RBC's breakdown of the 2024 Federal budget that was delivered on Tuesday which included several new revenue-generation and spending measures. We analyze these proposed federal budget measures, and the effect they may have on Canadians and their families.

Federal Budget 2024: we analyze the proposed federal budget measures, and the effect they may have on Canadians and their families.

We analyze the proposed federal budget measures, and the effect they may have on Canadians and their families. #RBC #mycompany #Federalbudget #keymeasures #impact

🎅 Financial Focus – Winter 2024 An uphill climb? Tackling the Autumn Budget outcomes 💼 In this issue… Rachel Reeves’s Autumn Budget, the first of the new Labour government, pointedly avoided direct tax increases on individuals. However, increased employer NICs for 2025/25 are likely to test already stretched profit margins for many businesses. Additional hikes to capital gains tax, and the extension of the reach of inheritance tax, will affect business owners and others who do not consider themselves particularly wealthy. If the latest legislation has left you concerned about your estate and legacy, transferring assets to your spouse or civil partner may be enough to mitigate potential liabilities. With the prospect of reaching 100 years old forecast to treble within the next 25 years, funding care in later years will become an issue for more and more people. One thing everyone can do to prepare for retirement is ensure you have topped up any gaps in your national insurance record as much as you are able. The extended opportunity to top up missed payments will close at the end of this tax year. 03 – UK Autumn Budget 2024/US Presidential election 2024 04 – A world of higher capital gains tax Offsetting capital losses could be one way of reducing liability at higher rates. 05 – Autumn Budget outcomes Key takeaways from Labour’s first Budget. 06 – Last call for NICs top up; do not delay further if you are able to backfill missed NIC payments. 07 – Time to review your estate planning? Restructuring business ownership could be one way to reduce IHT. 08 – Could you afford to live to 100? The lack of a care funding plan in the Budget leaves uncertainty about paying expensive bills. 09 – CTFs grown up – the importance of children’s savings. Unclaimed Child Trust Funds can be tracked down to access funds. #budget #finance #tax #marketoutlook #invest #savings #iht #cgt #nic