28/10/2026
Your Autumn Budget 2026 selected announcements on household costs, savings and business tax, explained by Emily.
Here are the headline changes and proposals at a glance:
- For council tax bands A-D: ÂŁ100 energy payment
- Fuel cut of 5p extended to July
- Pension tax allowance – From April 2027, for those receiving State Pensions, if your total income is no more than the full annual value of the new State Pension, you will receive the full Pension Tax Allowance and therefore your State Pension income will not be taxable. The value of your Pension Tax Allowance will gradually reduce as your income increases until it is fully withdrawn. For every £3 of income above the full level of the new State Pension, your Pension Tax Allowance will reduce by £1
- National minimum wage and living wage increase by 3.9%
- Paternity leave – self-employed fathers and partners eligible for paid parental leave
- Raising Machine Games Duty to 25%
- Previously planned reduction in cash ISA allowance scrapped. Allowance will remain at ÂŁ20,000 post April 2027
- Plans to create a Starter ISA
- Banks to pay an extra 3% surcharge starting January and lasting 15 months
- Trading allowance increase from ÂŁ1,000 to ÂŁ3,00
- Founders' relief – allow for a reduced 10% rate of CGR on qualifying disposals up to a lifetime cap of £10 million
Which of these Budget announcements would you like us to explain in more detail?
Please note: This is a general overview, not personalised tax or financial advice; eligibility and start dates vary by measure.
