Overview
- Income tax thresholds stay frozen to 2030–31, pulling more earners into higher bands and raising billions through fiscal drag.
- Cash ISA allowance falls to £12,000 from April 2027 for under‑65s, with a new £2,000 cap on salary‑sacrifice pension contributions subject to National Insurance from 2029.
- A high‑value council tax surcharge starts April 2028 for properties over £2 million, and a 3p‑per‑mile electric‑vehicle road charge begins the same year.
- Remote Gaming Duty jumps from 21% to 40% in April 2026 as bingo duty is abolished, while dividend, savings and property income tax rates rise by two percentage points.
- The two‑child benefits cap is lifted from April 2026, average household energy bills fall by £150 from next April, fuel duty and regulated rail fares remain frozen, and the OBR reports stronger growth this year but weaker prospects in 2026–29 with fiscal headroom rising to about £22bn by 2029–30.