The most recent major UK tax announcements were delivered by Chancellor Rachel Reeves in the Autumn Budget on 26 November 2025. While the next formal Autumn Budget date for 2026 is not yet confirmed, key tax changes announced will take effect in April 2026, including dividend tax increases and continued freezing of tax bands.
Key details from the 2025 Autumn Budget (applicable to 2026/27 tax year) include:
Dividend Tax Increase: Basic and higher rates on dividends to increase by 2 percentage points from April 2026.
Income Tax Thresholds: Personal allowance and basic rate bands remain frozen at £37,700 (for a £50,270 threshold) until April 2028.
Capital Gains Tax (CGT): Reductions in relief on qualifying disposals to an Employee Ownership Trust (EOT) from 100% to 50%.