Autumn Budget

Our summary of all the key announcements.

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.

09 Jul 2026

UK requires extra tax rises or spending cuts to 'stop debt spiralling'

The Office for Budget Responsibility (OBR) has warned that, to stop debt from 'spiralling out of control', the UK needs extra tax rises or spending cuts equivalent to the education budget in the next decade.

08 Jul 2026

Targeted subsidies are needed for firms to tackle Britain's NEETs crisis

Targeted subsidies, rather than expensive tax breaks, are the most cost-effective way of supporting employers to get young people into work, according to Resolution Foundation analysis.

07 Jul 2026

Business investment plans fall to lowest level since pandemic

Research carried out by the British Chambers of Commerce (BCC) has revealed that business investment plans have hit a post-pandemic low.