When Is The Spring Budget 2024. For employers, the spring budget’s key headline measure was the widely trailed further two percentage point cut in the main rate of employee’s class 1 nic from 6 april 2024. The chancellor of the exchequer presented his spring budget 2024 to parliament on wednesday 6 march 2024.

Ahead of the 2024 spring budget on 6 march, this briefing looks at the uk’s economic situation, economic forecasts and the public finances. For employers, the spring budget’s key headline measure was the widely trailed further two percentage point cut in the main rate of employee’s class 1 nic from 6 april 2024.