Full summary of the budget can be found at

https://www.gov.uk/government/publications/autumn-budget-2024-overview-of-tax-legislation-and-rates-ootlar

Main impact are:

1. Company NI contributions and the impact on companies
2. Landfill Tax rates for tax year 2025 to 2026 for disposal of waste
3. https://www.gov.uk/government/publications/landfill-tax-rates-for-2025-to-2026/landfill-tax-increase-in-rates
4. Aggregates Levey rate for tax year 2025 to 2026 to increase with RPI
5. Vehicle Excise Duty (VED) standard rates uprating for cars, vans and motorcycles https://www.gov.uk/government/publications/vehicle-excise-duty-rates-for-cars-vans-and-motorcycles-from-1-april-2025
6. Pickup U turn see below

More in depth budget impact on fencing next week.

The U turn by the Conservatives to keep pickup trucks as commercial vehicles will not be enforced by this government as announced in the budget see

https://www.gov.uk/government/publications/autumn-budget-2024-overview-of-tax-legislation-and-rates-ootlar/841ddc37-58e0-4d3f-9b53-123e8903d274#:~:text=2.19%20Tax%20treatment%20of%20double,or%20more%20as%20goods%20vehicles.

The AFI will be working with all parties to lobby the Chancellor to have this reversed as we did with the last government for the sake of working people, be they self-employed, SME’s or larger companies.

We will be calling on members and the wider fencing community to achieve this in the near future.