The income tax personal allowance and thresholds, as well as employee and self-employed national insurance contribution thresholds, will be frozen for another three years, until 6 April 2031.

Tax rates on dividends will rise for basic and higher rate taxpayers by two percentage points from 2026/27. On savings income and property income, rates will rise by two percentage points from 2027/28 for basic, higher and additional rate taxpayers.

Salary sacrifice to fund pension contributions will effectively be capped at £2,000 a year, starting in 2029/30.

From April 2028 a high value council tax surcharge will be introduced on properties valued at over £2 million.

A pay-per-mile charge will be introduced for electric vehicles (including hybrids) from April 2028.

Unused inheritance tax (IHT) agricultural and business reliefs will be transferable between spouses and civil partners on death.

The IHT nil rate band and residential nil rate band will be frozen for another year until 6 April 2031.

The maximum subscription to cash ISAs will be reduced to £12,000 from 2027/28 for those under age 65, but the overall ISA limit will remain at £20,000.

The two child benefit cap will be scrapped from April 2026.

Enterprise management incentive eligibility will be increased to allow scale-ups, as well as start-ups, from April 2026.