27/11/2025
Autumn Budget 2025 – At a Glance
The Chancellor’s Autumn Budget raises £26bn through tax freezes and small increases to dividend, savings, and rental income taxes, while leaving pension tax relief, tax-free cash, and Inheritance Tax rules on gifting unchanged.
Key points include:
Changes to ISA limits for under-65s from 2027
A future limit on NI exemption for salary sacrifice and pensions from 2029
Continued triple lock increases to State Pensions
New High Value Council Tax surcharges on properties over £2m from 2028
Investors in VCTs face reduced upfront relief
Unused business and agricultural relief allowances become transferable between spouses from 2026.
Overall, the Budget focuses on raising revenue with modest impact on everyday pensions and allowances.
Contact us if you want to discuss the impact of any of the above changes.