Autumn Budget 2025
27.11.2025
Labour’s Second Budget
Rachel Reeves, the Chancellor of the Exchequer, yesterday, rolled out the Labour Government’s second Budget since coming into power. The Chancellor’s stated aim with this Budget was “Cutting the cost of living, cutting NHS waiting lists and cutting the cost of debt”.
For Individuals
The changes impacting on individuals include the increase of income tax rates on dividend income, from April 2026 and on rental and savings income from April 2027 and the high value council tax surcharge on properties valued in excess of £2 million.
For Business
The changes impacting on businesses include changes to the capital allowance tax rules, the loss of 100% capital gains tax relief on the disposal of shares to an Employee Ownership Trust, along with a relaxation to the Enterprise Investment Scheme rules.
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 2025 Autumn Budget changes might affect you, your family and your business, why not 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 2025 Autumn Budget could affect you.