October 2026 Budget – Key Highlights

Following the Chancellor’s Budget announcement on 28 October 2026, we have summarised the key tax changes that may affect individuals, landlords and businesses.
Key highlights include:

• Personal Tax: Tax thresholds remain frozen until April 2031, with changes to savings and property income tax rates from April 2027.
• Landlords: Higher tax rates on rental income from April 2027.
• Businesses: Corporation Tax rates remain unchanged, with changes to capital allowances and employment costs.
• Capital Taxes: The lifetime limit for Business Asset Disposal Relief will reduce from £1 million to £500,000 from April 2027.
• VAT: The registration threshold remains at £90,000, with further changes planned.

Click here to read our full October 2026 Budget Summary
If you have any questions or would like to discuss how these changes may affect you or your business, please do not hesitate to contact us.

Thank you for your continued support.