Spring Budget 2024: VAT threshold increased to £90,000 for SMEs

Spring Budget 2024: image depicts big ben and the houses of parliament with some purple spring flowers and trees in front of it out of focus.

On 6 March 2024, Chancellor Jeremy Hunt delivered the Spring Budget 2024 from the House of Commons, announcing an increase to the VAT threshold and cuts to National Insurance. Nottingham chartered accountants, Clayton & Brewill, provide an overview of key measures announced. Set against the backdrop of the looming general election, the Chancellor began his […]