In June, UK ends MDR tax break, introduces King Charles III banknotes, and reviews base interest rate.
In June, key financial changes in UK include end of MDR tax break, introduction of King Charles III banknotes, mandatory cat microchipping, MPC review of base interest rate, DRO changes, and Universal Credit benefit increases. The MDR tax break cost £700m annually and has been scrapped. New banknotes feature King Charles III, replacing Queen Elizabeth II. Base interest rate review may influence tracker mortgage and benefit payments.
June 01, 2024
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