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.

Making Tax Digital for Income Tax just around the corner

16 Dec 2025

Looking at who will be affected and what they need to do now.

Public contract bids disappearing into a black hole, say small firms

22 Dec 2025

Small firms are being shut out of billions in public contracts as bids disappear into a 'black hole' of unanswered feedback and red tape, the Federation of Small Businesses (FSB) warns.

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.