Autumn Budget

Our summary of all the key announcements.

Introduction

Chancellor Rachel Reeves delivered her Budget on Wednesday 26 November 2025.

Personal tax

Highlighting income tax, savings, dividends and pensions.

Employment

Highlighting National Insurance, salary sacrifice pensions and National Living Wage.

Business

Highlighting Corporation Tax, Capital Allowances, EIS and VCTs.

Capital taxes

Highlighting Capital Gains Tax and Inheritance Tax.

Other matters

Highlighting VAT and High Value Council Tax Surcharge.

Hot topics, business news & firm news

Keep up with the latest business news, as well as what's happening at our firm.

The UK jobs market and the rise of AI

26 May 2026

A review of how AI is impacting the UK jobs market.

HMRC urged to understand scale of pension tax relief errors

22 Jun 2026

The Low Incomes Tax Reform Group (LITRG) has urged HMRC to establish the scale of pension tax relief errors that employers make.

Pitt Godden and Taylor LLP is a limited liability partnership, registered in England and Wales. Company Registration No: OC372482. Registered office: Pitt Godden and Taylor LLP, Unit 3, Ambrose House, Meteor Court, Barnett Way, Barnwood, Gloucester, Gloucestershire GL4 3GG . Registered to carry on audit work in the UK by the Institute of Chartered Accountants in England and Wales.