Autumn Budget

Our summary of all the key announcements.

Download the Autumn Budget 2025 (pdf)

Chancellor Rachel Reeves delivered her Budget on Wednesday 26 November 2025.
Highlighting income tax, savings, dividends and pensions.
Highlighting National Insurance, salary sacrifice pensions and National Living Wage.
Highlighting Corporation Tax, Capital Allowances, EIS and VCTs.
Highlighting Capital Gains Tax and Inheritance Tax.
Highlighting VAT and High Value Council Tax Surcharge.
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