2025 Budget Guide: What the Tax Changes Mean for You (and Your Business)Whats
What's changing and when - Budget 2025 Timeline TAG Accountants Group has reviewed the Autumn Budget announced on 26 November 2025 and summarised how the measures may affect individuals and businesses . The Chancellor, Rachel Reeves, set out tax-raising measures worth up to £26 billion . Key themes include an extended freeze on Income Tax thresholds , increases to taxes on property, dividends and savings income , changes affecting National Insurance , and a new High Value Council Tax Surcharge for properties valued at £2 million+ . Read TAG’s full guide here: 2025 Budget Guide – What Tax Changes Mean for You At-a-glance: What’s changing (and when) Now to April 2031: extended freezes on several Income Tax and NIC thresholds (details below). 6 April 2026: dividend tax rates increase (ordinary & upper rates +2%); BADR/Investors’ Relief rate rises; incorporation relief becomes claim-based; several employment/payroll changes begin. 1 January 2026: new 40% ...