What does the Budget mean for you?
The Chancellor’s Autumn Budget brings changes for business owners, employers, savers and landlords. We have brought together the key points below, with the dates that matter.
Download our full Budget 2026: Planning for tomorrow report for the detail and practical points to consider.
Businesses and employers
- Selling your business: the Business Asset Disposal Relief lifetime limit is set to fall from £1 million to £500,000 for disposals from 6 April 2027. The 18% relief rate is unchanged.
- Investment in equipment: the first-year allowance rises from 40% to 50% for qualifying expenditure from 1 January 2027. Main-pool writing-down allowances fall to 12% from April 2027.
- Employment costs: the National Living Wage for workers aged 21 and over rises to £13.21 an hour from 1 April 2027. Mandatory payrolling of specified benefits is due from 6 April 2027.
- Making Tax Digital: the April 2027 expansion covers qualifying sole traders and landlords with combined gross trading and property income over £30,000. Digital records and quarterly updates need preparation.
- VAT and business rates: the VAT registration threshold remains £90,000. Targeted business rates support is announced for retail, hospitality and leisure; eligibility and location matter.
Individuals and savers
- Income Tax: the Personal Allowance stays at £12,570 for 2027/28. Rates on earnings are unchanged, while frozen thresholds can increase the tax paid as income rises.
- Savings interest: rates are set to rise to 24%, 44% and 49% from 6 April 2027, subject to allowances. This is a four-point increase on 2026/27, combining the previous Budget's two points with two more announced this time.
- ISAs: the planned cut to the cash ISA limit is reversed, retaining the £20,000 annual allowance. A new First Time Buyer ISA is planned from April 2029.
- Pensions and estate planning: most unused pension funds and death benefits are due to enter the Inheritance Tax calculation from 6 April 2027. Review the wider effect on your estate and beneficiaries.
Property owners
- Rental income: property Income Tax rates in England, Wales and Northern Ireland are set at 24%, 44% and 49% from 6 April 2027. Scottish property income rates are still to be announced.
- Landlords and digital reporting: the £30,000 Making Tax Digital threshold uses gross qualifying income, before expenses, including your share of jointly owned property income.
Download the full Budget 2026 report (PDF) for the detail, qualifying conditions and effective dates.
Contact Finsbury Robinson to discuss what the Budget means for your plans.
Some measures are subject to legislation or consultation. Please contact us for advice on your circumstances.
