UK
Ireland
Autumn Budget 2026
Key announcements from the 2026 Autumn Budget:
The Chancellor, John Healey, has delivered his first Budget. We have analysed the announcements, and the impact on individuals and businesses, on our Budget hub. You can read more below and hear more at our post-Budget webinar.
Here are our key takeaways:
The bank corporation tax surcharge will rise from 3% to 6% for 15 months from January 2027. Bank shares rose on the news, with the increase to 6% lower than expected
An increase in the threshold for small business rate relief for retail, hospitality and leisure businesses from £12,000 to £18,000, taking 70,000 businesses out of business rates entirely from April 2027
Another extra 2p tax on property and savings income from April 2027, on top of the extra 2p announced last year, will increase the basic, higher and additional rates for property and savings income to 24%, 44% and 49%. The new savings income rates will apply across the UK. The new property income rates will apply in England, Wales and Northern Ireland
The lifetime limit for business asset disposal relief (BADR) is cut from £1 million to £500,000 for qualifying disposals from April 2027
The main rate of writing down allowances will reduce by two percentage points, taking the rate to 12% from April 2027, while the first year allowance rises to 50% from January 2027
The government will introduce a new Founders’ Relief: a 10% CGT rate on up to £10 million of lifetime gains for qualifying founders of high-growth, innovative companies from 6 April 2027. A technical consultation on the detailed design launched at the Budget, but the criteria look strict, with few likely to benefit
Former Chancellor Rachel Reeves’ plan to cut the cash ISA allowance to £12,000 from next April is scrapped. The allowance will stay at £20,000
“The greatest act of devolution in a decade” will see 20% of business rates retained by mayors from next year, with a goal of reaching 100% by the end of the decade. Mayors will gain a share of income tax from 2028 to provide funding for infrastructure
More detailed Budget analysis to come soon from our sector and industry experts.
Personal taxes
Explore our analysis of the announcements, in relation to personal taxes, and how these could affect you and your family.
Corporate taxes and reporting
We take a deep dive into the Chancellor's announcements on corporate taxes and the effects on businesses.
Payroll and employee incentives
We look at what has changed for payroll and employee incentives in the Budget, and the implications on employers and employees.
VAT, environmental and other indirect taxes
We examine in-depth the Chancellor's announcements in the Budget on VAT and other indirect taxes.
Sector analysis
Landed estates and rural businesses
Budget 2026 may look benign for the rural sector, but higher property taxes, BADR changes and investment measures could affect cash flow and growth.
Private markets and fast growth
From founders' relief and EMI 2.0 to AI investment and regional growth funding, our experts assess what the Budget means for scale-ups.
International individuals
After recent upheavals following the abolition of the non dom regime it was a quieter Budget for the internationally mobile, but with several important developments.
Financial services
Beyond the banking surcharge - what the Budget means for the financial services sector.
Private wealth and family office
While major tax reforms were absent, wealthy families should prepare for increased HMRC scrutiny and review succession planning arrangements.
Real estate
The Budget brings support for housing and data centres while delivering tax and business rates changes that will shape the real estate sector.
Entrepreneurs and business owners
From founders' relief to further restrictions on BADR, we assess the good, the bad and the uncertain for entrepreneurs and business owners.
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Explore previous budget commentary
Access our coverage of the Autumn Budget 2025, including expert insight into the announcements, tax changes and business implications discussed at the time.
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