Autumn Budget 25 Overview - What You Need To Know

Welcome to our highlights overview of the Autumn 2025 Budget.

After a month and more of constant speculation, leaks on proposed tax increases, strategies to raise tax, change to benefits, all to “stress test” their ideas and the final embarrassment of the OBR releasing the proposals prior to the Chancellor’s speech, we finally had our Budget.

Were there any huge surprises?

Not many, due to the constant speculation and prior U-turn on proposals after seeing how the population reacted (e.g. capping of TFC to name just one).

What does it all mean? Well, put simply the tax burden on the UK population will reach an all-time high by 2030, with the tax take rising “to an all-time high of 38% of GDP in 2030-31", according to the OBR.

Implications for Estate Planning

From an estate planning perspective, thankfully, there are no major further developments to navigate, clearly the large part of the radical change was announced in the previous Autumn Budget.

Business Relief Update

There was, however, a common-sense approach to the previous change on Business Planning Relief, with the statement to now allow the transfer of 100% relief allowances between spouses. This does away with some of the planning need around the “use-it or lose-it” philosophy.

Solidus - Autumn Budget 2025 Overview.pdf

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