UK Budget 2026: what changed for investors

The Budget on 28 October 2026 brought changes to savings, investments, pensions and help for business owners. Here are the main points for investors. For more detail, see the Taxbriefs summary below.

At a glance

Pensions

• People relying solely on the State Pension will not pay income tax on it during this Parliament, through a higher tax-free allowance for low-income pensioners.
• The State Pension triple lock will stay in place until April 2030.

Savings and investments

• The Cash ISA allowance will stay at £20,000 from 6 April 2027.
• The government is planning a new Starter ISA for first-time investors.
• There’ll be no changes to Capital Gains Tax.
• There’ll be no changes to dividend tax rates.
• From 6 April 2027, income tax on property income and savings interest will rise by 2 percentage points. Rates will go up to 24%, 44% and 49%, depending on your tax band.

Business owners

• From 6 April 2027, the lifetime limit for Business Asset Disposal Relief will halve, from £1 million to £500,000.
• A new Founders' Relief will let business founders who qualify pay Capital Gains Tax at 10%.
• From 6 April 2027, the trading allowance will rise from £1,000 to £3,000.
• The rules for Enterprise Management Incentive (EMI) share options will become more generous.

First time buyers

• A new First Time Buyer ISA will replace the Lifetime ISA.

Want more detail?

The Budget also covered housing, household costs, business and public spending.

What could this mean for you?

How these changes affect you will depend on your situation. Some won't start straight away. So, it's important to know the detail before you make any financial decisions. Want help working out what the Budget could mean for you? Just get in touch. Speak to us if you would like help understanding what the Budget could mean for you. Tax treatment depends on individual circumstances and may change in the future.