Chancellor of the Exchequer Rachel Reeves set out Tax-Raising Measures Worth up to £26 billion in the Autumn Budget on 26 November 2025

Date Posted:Tue, 9th Dec 2025

Chancellor of the Exchequer Rachel Reeves set out Tax-Raising Measures Worth up to £26 billion in the Autumn Budget on 26 November 2025

The increases will be achieved through a range of measures, including extending the freeze on Income Tax thresholds until April 2031 as well as increased taxes on property, dividend and savings income.

 

The Budget also announced employee and employer National Insurance contributions (NICs) on salary sacrifice pension contributions above £2,000 a year from April 2029, and introduced a tax on homes in England valued at £2 million or more from April 2028.

With a series of fiscal measures mapped out that will impact the road ahead, it’s important to remain focused on the long-term and understand that there are no immediate actions needed to be taken for most people following the measures announced.

All the proposed changes come into play from April 2026 at the earliest, and so you have time to make any necessary adjustments with guidance from your financial planner, tax adviser and legal adviser.

In this Progeny report and webinar recording, we share a detailed summary of each of the proposed changes and provide dates for when these may take effect, allowing you time to adapt your financial plan where necessary.

For all the latest information on the UK budget, keep checking the Progeny Autumn Budget Hub.