Grant Thornton Budget 2024 Update

Grant Thornton Budget 2024 Update. Real gdp growth is forecast to pick up from close to zero last year to 1.1% this year, 2% in 2025, and 1.8% in 2026, before falling back to around 1.5% thereafter. Despite all the spin britain seems to have entered another phase of tax (£40bn) and spend.

The division 296 legislation proposes an additional 15 per cent tax on superannuation balances exceeding $3m, set to take effect from 1 july 2025. Vishesh c chandiok, chief executive officer, grant thornton bharat.