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2025 Autumn Budget
Our analysis of the announcements in the 2025 Autumn Budget has been published HERE
VAT and other indirect taxes
No major changes, only some minor points of interest.
Asset Income Shakeup
Additional taxes on investment income to more closely align with PAYE and National Insurance on salaries.
Government promises savings, including “cutting the cost of politics”
Abolishing Police and Crime Commissioners, reducing local councillor numbers and the disposal of government assets to generate savings and cash.
Reeves’ “scale-up” plan
Rachel Reeves opened her 70-minute Budget speech vowing to make it easier for entrepreneurs to start, scale and stay in the UK by expanding current tax measures, which she hopes will incentivise greater investment into scaling companies, as well as attracting and retaining high-calibre candidates.
Homes under the cosh: A New ‘Mansion Tax’
Rachel Reeves targets high-end residential real estate with effects sure to ripple through London and the South.
OBR forecasts and government spending pledges
The Chancellor explains that tax rises create increased headroom for her fiscal rules and contribute towards existing spending commitments.
NIC, Pensions and ISA allowance
Changes to salary sacrifices, ISA limits frozen until 2030/31 and a hint tax may be deducted from the State Pension.
Inheritance tax – a mixed bag
No headline grabbing inheritance tax changes this year, but some anti-avoidance measures and a couple of welcome reliefs.
Reeves’ takes a bite out of EOTs
Relief halved for business owners establishing employee ownership trusts (EOTs) from 26 November 2025 and other capital gains tax changes.
Talent and commitment
Business Services
Running a business is a lifestyle in and of itself. It’s about building a legacy of your own from the ground up, whether you decide to sell it or pass it on to the next generation. We’ll be by your side throughout your business’s lifetime, simplifying the complex, broadening the scope of your plans with new opportunities, and giving you the push you need to accomplish great things.
Talent and commitment
Private Client Services
We want our clients to be excited about the future and secure in the present, and through our services for private clients, we aim to provide that confidence. With specialist technical knowledge of personal tax, trusts, luxury assets and more, and an exceptional client focus, we provide financial certainty for the whole family.