BOOKKEEPING

UK Autumn Budget 2025: What You Need to Know
Chancellor Rachel Reeves’ Autumn Budget introduces major changes affecting individuals, businesses, and investors. Key measures include frozen tax thresholds until 2031, higher taxes on property, dividends and savings, a new council tax surcharge for homes over £2m, and reduced Cash ISA limits. Businesses benefit from continued full expensing and business rates reform, while inheritance tax reliefs face tighter caps. Making Tax Digital becomes mandatory for sole traders and partnerships from 2026, and PAYE rules tighten for employers. VAT rates remain unchanged, but new duties on vaping products and EV road pricing are on the horizon.