On 26 November, Chancellor Rachel Reeves delivered the 2025 Autumn Budget, setting out tax and spending plans aimed at stabilising the economy while funding key priorities. The Budget introduces £26 billion in tax-raising measures, including an extended freeze on income tax thresholds until 2031, higher taxes on property, dividends and savings income, and new limits on salary-sacrifice pension contributions. Alongside these, Reeves announced steps to ease living costs, such as £150 off household energy bills, a freeze on rail fares, and the removal of the two-child benefit cap.
For businesses, the changes include permanent lower business rates for retail, hospitality and leisure, targeted investment incentives, and reforms to support scale-ups and innovation. These measures will shape tax planning, operating costs and growth strategies over the coming years.
This full PDF summary created by our sister company Hillier Hopkins breaks down every key announcement and explains how they affect you and your business. Download it now to stay informed and prepared. If you would like to discuss how any of the announcements affect you, please get in touch with us.

