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2026 UK Budget Guide

Skyline view of Houses of Parliament and Big Ben in Westminster, London
2026 UK Budget Guide

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Graham Finlay
Graham Finlay
Strategic & Technical Sales Manager, Adviser Edge

On 28 October 2026 the UK Chancellor, John Healey, delivered his first Autumn Statement Budget. We explore the announced taxation changes and what they might mean for a financial planning strategy.

Summary of key changes

  • Cash ISA limit retained at £20,000, reversing the planned restriction

  • Savings income tax rates rise to 24%, 44% and 49% from April 2027

  • Property income tax rates rise to 24%, 44% and 49% from April 2027

  • BADR lifetime limit reduced from £1m to £500,000 from April 2027

  • Proposed Founders’ Relief offers 10% CGT on up to £10m of qualifying gains from April 2027

  • New Pension Tax Allowance protects eligible lower-income pensioners from April 2027

  • State Pension Triple Lock adjusted from April 2030

  • Two-year rule for otherwise tax-free pension death benefits removed from 28 October 2026

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Graham Finlay
Graham Finlay
Strategic & Technical Sales Manager, Adviser Edge
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2026 UK Budget Guide

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