The Budget: Adviser Summary

The 26th November Budget delivered several key announcements that will affect Financial Advisers. Most notably: • The inheritance tax nil -rate band and residence nil-rate band being frozen for a further year until 2030/31 • Personal tax thresholds, and equivalent national insurance (NIC) thresholds, being frozen for a further three years until 2030/31 • An additional 2% tax charge added to the basic and higher rates of tax on dividends from 6 April 2026 • An additional 2% added to all rates of tax on savings income from 6 April 2027 • Separate tax rates for property income profits:...