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Budget 2025 – Key Highlights from Patron Brearley & Co

The Chancellor’s Autumn Budget, announced on 26 November 2025, brings major changes that will affect households and businesses across the UK. Brearley & Co, proud Patron of Barnsley & Rotherham Chamber, has broken down the key points you need to know.

Autumn Budget 2025 Key Highlights

Tax Thresholds Frozen

Personal allowances, higher-rate bands, and NICs thresholds locked until 2031, meaning more people will pay higher tax as incomes rise.

Dividend & Savings Tax Hikes

Dividend tax rates increase from April 2026, with rental and savings income rates rising in 2027.

Business Relief Changes

Corporation Tax rates stay the same, but Writing Down Allowances reduce from April 2026. A new 40% First Year Allowance for plant and machinery kicks in January 2026.

Property & Wealth Taxes

Council Tax surcharge for homes over £2m starts April 2028; Inheritance Tax reliefs tightened from 2026.

Other Highlights

ISA cash limit capped at £12,000 from 2027, Making Tax Digital begins April 2026, and Electric Vehicle Excise Duty arrives in 2028.

This Budget signals a clear shift: more revenue through freezes and targeted increases, plus incentives for green investment and business growth.


Want the full picture? Swipe through Brearley & Co’s detailed PDF for all the rates, deadlines, and expert insights.

Brearley & Co Accountants – Autumn Budget 2025 Insights

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