The Budget on 28 October 2026 brought changes to savings, investments, pensions and help for business owners. Here are the main points for investors. For more detail, see the Taxbriefs summary below.

At a glance

Pensions

• People relying solely on the State Pension will not pay income tax on it during this Parliament, through a higher tax-free allowance for low-income pensioners.
• The State Pension triple lock will stay in place until April 2030.

Savings and investments

• The Cash ISA allowance will stay at £20,000 from 6 April 2027.
• The government is planning a new Starter ISA for first-time investors.
• There’ll be no changes to Capital Gains Tax.
• There’ll be no changes to dividend tax rates.
• From 6 April 2027, income tax on property income and savings interest will rise by 2 percentage points. Rates will go up to 24%, 44% and 49%, depending on your tax band.

Business owners

• From 6 April 2027, the lifetime limit for Business Asset Disposal Relief will halve, from £1 million to £500,000.
• A new Founders’ Relief will let business founders who qualify pay Capital Gains Tax at 10%.
• From 6 April 2027, the trading allowance will rise from £1,000 to £3,000.
• The rules for Enterprise Management Incentive (EMI) share options will become more generous.

First time buyers

• A new First Time Buyer ISA will replace the Lifetime ISA.

Want more detail?

The Budget also covered housing, household costs, business and public spending.

Read the full Taxbriefs UK Budget 2026 summary

What could this mean for you?

How these changes affect you will depend on your situation. Some won’t start straight away. So, it’s important to know the detail before you make any financial decisions.

Want help working out what the Budget could mean for you? Just get in touch.

Speak to us if you would like help understanding what the Budget could mean for you.

Important information

The content of this summary is intended for general information purposes only and is not intended to address your particular circumstances. It should not be relied upon in its entirety and does not constitute financial, legal or tax advice.

While reasonable care has been taken in preparing this interpretation of the announcements, neither the accuracy of the information at the date of receipt nor its continued accuracy can be guaranteed. No responsibility can be accepted for actions taken or not taken solely in reliance on this summary. Tax thresholds, rates and legislation may change through the legislative process; the availability and value of tax reliefs depend on individual circumstances.