Budget 2024 Uk Predictions. Those over 55 can currently access 25% of their pension pot tax. As the uk prepares for its first labour budget in 14 years, the upcoming autumn budget 2024 is set to address a significant £22 billion financial shortfall.with chancellor.

Chancellor rachel reeves is set to unveil the government’s budget on 30 october, and rumours are swirling about what changes will be made to plug a £22bn black hole in the uk’s public finances. Kpmg tax experts have made their predictions for the budget.