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.

Chancellor raises billions in Budget

26 Nov 2025

A review of the major tax and spending decisions announced on 26 November.

E-invoicing will be fundamental change for VAT-registered businesses

05 Dec 2025

The mandatory introduction of e-invoicing for all VAT-registered businesses selling to UK business customers from April 2029 will be a fundamental change, says the Chartered Institute of Taxation (CIOT).

Charity of the year

14 Feb 2025

We’re pleased to share that our chosen charity for 2025 is The Pied Piper Appeal, an organisation dedicated to supporting children in Gloucestershire facing serious illnesses or medical conditions.

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.

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