23/10/2026
The UK Autumn Budget will be delivered on Wednesday, 28 October 2026 by Chancellor John Healey under Prime Minister Andy Burnham.
Some of the Key Confirmed & Expected Details:
👉🏻 Headline Tax Rates Protected: The government has reaffirmed its manifesto commitment not to increase headline rates of Income Tax, National Insurance, or VAT, nor to raise the main Corporation Tax rate above 25%.
👉🏻 Energy & Bills: A temporary VAT cut on domestic electricity bills (saving households around £45 a year) took effect on 1 October 2026.
👉🏻 Business Rates: A 20% business rates discount for eligible pubs, clubs, and live music venues takes effect from April 2027, with wider high street and business rates reforms expected in the Budget.
👉🏻 State Pension: The State Pension is projected to rise by 3.9% under the triple lock, pushing the new State Pension above £13,000—prompting plans to ensure recipients with no other income remain out of the tax net.
👉🏻 First-Time Buyers: Further details are expected on the “Your First Home” scheme, which offers a 20% equity loan for first-time buyers with a 2.5% deposit on new-build properties in England.
