2024 Budget Summary Uk. The chancellor delivered the spring budget on 6 march 2024. The main class 1 national insurance contribution (nic) rate will drop from 10% to 8% from 6 april 2024, the second cut in six months.
Jeremy hunt’s second spring budget 2024 has an election in mind, focusing on tax cuts and growing the economy. This page provides links to analysis of the 2024 spring budget from selected think tanks, business groups, political parties and other organisations.