Autumn Budget 2025: Key Impacts on Individuals and Businesses

The key impacts on individuals and companies from the Autumn Budget announced on Wednesday, November 26, 2025

Introduction of a new 40% first-year allowance for qualifying main-rate assets from January 2026
Reduction in the main rate writing-down allowance for capital expenditure from 18% to 14%
Extension of 100% first-year allowances for zero-emission cars and EV charge points
Increases to dividend tax rates from 2026/27, reducing take-home income for shareholder-directors
Higher tax rates on savings income from 2027/28, lowering net returns for higher- and additional-rate taxpayers
Increased income tax rates on property income, further reducing net rental yields for landlords
Extension of the freeze on personal allowances and income tax thresholds until April 2031, accelerating fiscal drag
Amendments to the foreign income and gains regime to ensure consistency across UK taxes
Abolition of the national tax credit for non-UK residents receiving UK dividend income
Continued freeze of Class 1 and Class 4 National Insurance thresholds, increasing real employment and self-employed tax costs
Cumulative increase in tax pressure on business owners, landlords, and higher-earning individuals
Greater need for proactive tax planning, investment timing, and coordinated financial advice