A host of policies were announced in the 2026 Autumn Budget, bringing tax hikes for landlords and savers, and support for those on lower incomes.
The fiscal event was the first test of new chancellor John Healey as the government continued to react to the economic damage from the Iran war.
The price of energy was a major focus, as standing charges were removed from gas bills, and £100 cash payments will be given to people in council tax bands A to D this winter.
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Meanwhile, cash savers breathed a sigh of relief after Healey reversed the previous government’s plan to cut the cash ISA limit to £12,000 per year.
There was less positive news for landlords, who are now set to pay an additional two percentage points in tax on their property income from April 2027, on top of an already announced tax hike. The same can be said for those who draw income from savings interest.
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