Rachel Reeves delivered her first Budget as Chancellor of the Exchequer on 30 October 2024.

It was a confident and inspiring presentation by the first female Chancellor of the Exchequer in British history.

The Budget aims to deal with the ‘ black hole’ in public finances whilst supporting economic and fiscal stability, increasing investment and rebuilding public services.

When a couple is separating or is divorced it is unlikely that they are thinking about the tax implications of their actions. However, apart from the emotional stress, there are also tax issues that can have significant implications.

HMRC announced a reversal to its recent guidance on the treatment of double cab pickups (DCPUs) from 1 July 2024.