Autumn Statement 2025 | Expert Insights
Response on Personal Taxes
Whilst the main rates of income tax have remained unchanged, extending the freeze on the tax thresholds will mean that everyone is going to see an increase in the amount of tax they are paying. The cap of £2,000 for salary sacrifice pension contributions has been confirmed and whilst the Chancellor suggested this was aimed at those with substantial bonuses, it will also be a further cost to employers and possibly discourage those who are looking to save for the future. Overall this year’s Budget delivered a collection of small tweaks and changes which will undoubtedly increase complexity and costs for our SME clients.
We’ll be working hard to assess exactly how the 2% increase in rental, saving and dividend income will affect our private clients.
Sam Stent Tax Advisory Partner Scrutton Bland
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