Autumn Budget
Download the Budget Report (pdf)
- Introduction
- Chancellor Rachel Reeves delivered her Budget on Wednesday 26 November 2025.
- Personal tax
- Highlighting income tax, savings, dividends and pensions.
- Employment
- Highlighting National Insurance, salary sacrifice pensions and National Living Wage.
- Business
- Highlighting Corporation Tax, Capital Allowances, EIS and VCTs.
- Capital taxes
- Highlighting Capital Gains Tax and Inheritance Tax.
- Other matters
- Highlighting VAT and High Value Council Tax Surcharge.
