Autumn Budget 2026
29.10.2026
The Chancellor of the Exchequer, John Healey, yesterday announced his first Budget with the new PM, Andy Burnham looking on. The Chancellor’s stated aim with this Budget was “to provide breathing space for today and hope for the future.”
For Individuals
The changes impacting individuals include a significant increase of income tax rates on rental and savings income from April 2027 whilst Capital Gains Tax reliefs included a few changes. The budget included announcements to encourage savers as well as support for households with energy costs and more.
The new pension allowance tax is intended to help pensioners with only state pension but may prove confusing for some.
For Business
The changes impacting businesses included further business rates relief for the hospitality sector, whilst extending the relief to other high street businesses and increasing the limit. The budget included a reduction in the main rate for capital allowances, and an increase in the trading allowance for small businesses.
There are lots of opportunities and issues to consider following this Budget for businesses, individuals and families. We are here ready to help.
We believe it’s important to discuss all plans you are considering before taking any action and so if you would like to see how the 2026 Autumn Budget changes might affect you, your family and your business, contact Ifan Lloyd on illoyd@idhaccountancy.com or 020 3411 4401 who will arrange for us to have that conversation.
Click here to read our guide to how the changes in the 2026 Autumn Budget could affect you.