Autumn Budget 2025 – Personal Tax Changes

Autumn Budget 2025 – Personal Tax Changes

Personal Tax Tax bands and rates The basic rate band remains at £37,700, with the higher rate threshold remaining at £50,270. The additional rate threshold remains at £125,140. The freeze of these thresholds will continue until April 2031. The NICs Primary Threshold...
Autumn Budget 2025 – Full Summary

Autumn Budget 2025 – Full Summary

Introduction 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...
Winter fuel payment clawback

Winter fuel payment clawback

Thousands of eligible pensioners will receive a Winter Fuel Payment this winter. Whether or not you can keep the money will depend on your taxable income. If you were born before 22 September 1959 and you live in England, Wales or Northern Ireland you could get up to...
Autumn Budget 2024 – Full Summary

Autumn Budget 2024 – Full Summary

Chancellor Rachel Reeves delivered her Budget on 30 October 2024. She pledged to ‘invest, invest, invest’ to drive growth and ‘restore economic stability’.