Budget 2026: Households earning over £110,000 locked out of revived Help to Buy scheme October 28, 2026 Households earning more than a combined £110,000 are set to be excluded from the revived Help to Buy scheme, the Autumn Budget confirmed. First-time buyers earning over a combined £110,000 outside London will be locked out of benefiting from the £4.7bn government-backed funding providing equity loans in the Your First Home Scheme, and £140,000 inside [...]
Budget 2026: Healey reduces threshold for Business Asset Disposal Relief October 28, 2026 Chancellor John Healey has confirmed that he will reduce the threshold for Business Asset Disposal Relief in Capital Gains Tax. Healey lowered the threshold for business asset disposal relief (BADR) in capital gains tax (CGT) from £1m to £500,000 which he said will mean “no changes for three in four claimants”. But industry figures have [...]
Budget 2026: Healey freezes fuel duty again October 28, 2026 John Healey has frozen fuel duty for a 15th consecutive year and extended the Ukraine war 5p cut, as part of a raft of small measures aimed to shield households from the Middle East conflict. The Chancellor confirmed the levy on petrol and diesel would remain frozen at 53p a litre until July, saying: “For [...]
Healey funds high street tax cuts with raid on gambling firms and online sellers October 28, 2026 The government will fund tax breaks for small high street shops by hiking taxes on gambling and cracking down on online sellers, John Healey said. In his first Budget, the Chancellor said he will slash taxes on the high street by raising the threshold at which small firms start paying business rates from £12,000 to [...]
Budget 2026: Poorest pensioners shielded from income tax October 28, 2026 Chancellor John Healey has confirmed he will shield low-income retirees from income tax as the state pension is set to rise above the personal allowance threshold next year, in a move expected to cost the government around £200m a year by 2030. Healey said the government would protect nearly one million pensioners who are dependent [...]
Budget 2026: Green levies stripped from energy bills October 28, 2026 John Healey will scrap green levies from energy bills and shift environmental funding into the wider tax base to minimise the impact of the Iran war on UK households. The Chancellor said on Wednesday he would axe the surcharge applied to energy bills “for good”, in what represents major shift of the government’s environmental agenda. [...]
Autumn Budget 2026: cash ISA U-turn is a backwards step for Britain’s investment future October 28, 2026 Protecting an incentive to keep money sitting in cash is a failure of ambition to stimulate growth, says Michael Healy Britain needs more investors, but the Chancellor has chosen to reward people for keeping their money in cash. His decision to protect the £20,000 Cash ISA allowance is a victory for the savings lobby and [...]
Healey’s cash Isa reversal plans spark City row October 28, 2026 John Healey’s reported plans to reverse the cut to the cash Isa ceiling in his maiden Budget have sparked a row across the City, as banks and brokers butt heads over the end of the controversial measure introduced by his predecessor. The Chancellor will end plans to lower the annual cash Isa limit from £20,000 [...]
Healey scraps ‘unfair’ standing charges from gas bills October 28, 2026 John Healey has said he will scrap “outdated and unfair” standing charges from gas bills, in a move which could save households £45 per year. The Chancellor said these fees – which are charged on top of the daily rate to cover the cost of connecting to a supply – are part of “an energy [...]
Protecting pensioners from income tax is unfair to workers October 28, 2026 As Chancellor John Healey prepares to raise the tax-free allowance for pensioners, exempting them from income tax while keeping working-age allowances frozen creates an unnecessary and unfair divide, says Matthew Bowles Today, Chancellor of the Exchequer John Healey will face the unenviable task of persuading the public that Britain’s finances add up. No matter how [...]