27 Nov 2025Chancellor Rachel Reeves delivered her 2025 Autumn Budget speech yesterday, outlining a range of financial measures. Ms Reeves announced an extension of the freeze on Income Tax thresholds for a further three years and extra spending of £11.3 billion, including an extra £9 billion on welfare. Taxes on property, dividend and saving income – which currently face no equivalent of National Insurance contributions (NICs) – will be increased by up to 2%. Individual Savings Accounts (ISAs) will be reformed from April 2027 when the annual cash limit will be set at £12,000, within the overall annual ISA limit of £20,000. Other limits remain at £4,000 for Lifetime ISAs and £9,000 for Junior ISAs and Child Trust Funds until 5 April 2031. Further details regarding the announcements made by the Chancellor featured in the official press releases. Our comprehensive Budget Summary outlines the key measures, including some of the less-publicised changes that may impact upon your business or personal finances. For a detailed overview of the 2025 Autumn Budget information, please read our 2025 Autumn Budget Summary.