27. 11

Autumn Budget 2025

Autumn Budget 2025
Key Insights for UK and International Businesses
On 26 November 2025, Chancellor Rachel Reeves delivered the Autumn Budget 2025, outlining changes across taxation, employment, pensions, and business incentives. Fiander ETL helps UK and international clients understand these changes and take practical steps to manage their finances, plan for growth, and stay compliant.
With local expertise in Southampton and the global reach of the ETL Group, Fiander ETL turns complex Budget changes into clear, practical guidance. We support clients with:Valuation and corporate advisory – understand business and asset value under new rulesPersonal wealth planning – optimise inheritance, ISA, and capital gains strategiesTax planning and compliance – navigate NIC, corporate tax, and employment cost changesInternational expansion – support EU and UK growth with maximised incentivesSpecialist areas – crypto recovery, EV planning, and business restructuring
Personal Tax and Wealth Planning
  • Income Tax thresholds remain frozen until April 2031. 
  • Property, dividend, and savings income will see new rates from 2026/27-2027/28: 
  • Property: 22% (basic), 42% (higher), 47% (additional) 
  • Dividends: 10.75% (ordinary), 35.75% (upper), 39.35% (additional) 
  • Savings: 22%–47%, with the £5,000 starting rate for savings maintained until 2031 
  • ISA limits: Cash ISA annual limit set at £12,000 from 2027, with over-65s still able to save £20,000 
  • Inheritance Tax: Nil rate bands fixed until 2031; £1 million combined allowance for agricultural and business property relief continues, transferable between spouses from 6 April 2026 
  • Capital Gains Tax: Relief on Employee Ownership Trust disposals reduced from 100% to 50% from 26 November 2025 

What this means for you:  If you’re planning for inheritance, property investments, or personal savings, these changes could affect your strategy. Our team can help you review your plans and make sure your wealth is protected and tax efficient. 

  • NIC thresholds and rates mostly frozen until April 2031; voluntary Class 2 contributions abroad restricted from April 2026 
  • Pensions: Employer and employee NICs on salary-sacrifice contributions above £2,000 from April 2029 
  • Minimum Wage increases from April 2026 across all age groups 
  • Employer incentives: NIC relief for hiring veterans extended to April 2028 

What this means for you:  If you have employees or run a business, these updates may affect payroll, pensions, and employee costs. We can help you navigate these changes, take advantage of reliefs, and make sure your business stays compliant. 

  • Capital allowances: New 40% First Year Allowance from 1 January 2026; main rate writing down allowances reduced from 18% to 14% 
  • Zero-emission vehicles: 100% FYA for EVs extended for a further year 
  • Venture Capital Trust (VCT) and Enterprise Investment Scheme (EIS): Increased investment and lifetime limits, VCT income tax relief reduced to 20% 
  • EMI scheme: Expanded eligibility with increased employee and share limits from April 2026 
  • UK Listing Relief: Three-year exemption from Stamp Duty Reserve Tax for companies listing in the UK, effective 27 November 2025

What this means for you:  If you’re growing your business, investing in new assets, or planning for a listing or expansion, these changes could create important opportunities. We can help you make the most of these incentives and structure your business efficiently, whether you operate in the UK or internationally. 

  • High Value Council Tax Surcharge: Applies to properties in England worth £2m+, from 2028/29  
  • Fuel duty: Temporary 5p cut extended; phased reversal from September 2026 
  • Universal Credit: Two-child limit removed from April 2026 
  • HMRC powers: Strengthened for construction sector fraud, high-value tax fraud reporting, and tackling promoters of tax avoidance 

What this means for you:  If you own property or are involved in sectors affected by these measures, we can help you understand the impact and take practical steps to manage costs and risks. 

How can Fiander ETL help?

With local expertise in Southampton and the global reach of the ETL Group, Fiander ETL turns complex Budget changes into clear, practical guidance. We support clients with:

  • Valuation and corporate advisory – understand business and asset value under new rules 
  • Personal wealth planning – optimise inheritance, ISA, and capital gains strategies 
  • Tax planning and compliance – navigate NIC, corporate tax, and employment cost changes 
  • International expansion – support EU and UK growth with maximised incentives 
  • Specialist areas – crypto recovery, EV planning, and business restructuring 
Our approach: We help you make informed, confident decisions for your business and personal finances, locally and internationally.
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