Budgets & Tax Updates

Chancellor John Healey delivered the 2026 Budget today, 28 October. The headline promise was no rise in the main rates of Income Tax, National Insurance or VAT. But that doesn't mean nothing has changed. Landlords face a second increase in tax on rental income in as many years. Business owners selling up will see a key relief halved. On the plus side, sole traders with small side incomes get a bigger tax-free allowance, and business mileage rates finally go up. Here is what t

The Chancellor delivered the Autumn Budget today against a backdrop of stubborn inflation, rising borrowing costs, and pressure on public finances. While the headlines focus on raising revenue, the real question for our clients is simple: how will these changes affect your take-home pay, your business, and your future tax planning?