{"id":44006,"date":"2025-11-26T15:59:50","date_gmt":"2025-11-26T15:59:50","guid":{"rendered":"https:\/\/www.simplybusiness.co.uk\/?post_type=knowledge&p=44006"},"modified":"2025-11-28T10:33:37","modified_gmt":"2025-11-28T10:33:37","slug":"autumn-budget-2025-for-small-business","status":"publish","type":"knowledge","link":"https:\/\/www.simplybusiness.co.uk\/knowledge\/business-news\/autumn-budget-2025-for-small-business\/","title":{"rendered":"Autumn Budget: what it means for your money and your business"},"content":{"rendered":"\n

A range of tax changes that could affect small businesses and the self-employed were revealed in the Autumn Budget 2025.<\/p>\n\n\n\n

Chancellor Rachel Reeves delivered her Autumn Budget on 26 November shortly after 1230pm. As the cost of living pressures continue to bite and many businesses are struggling without cash reserves, the country eagerly awaited updates on the government\u2019s financial plans for the year ahead.<\/p>\n\n\n\n

The Office for Budget Responsibility (OBR) also shared its forecasts for the UK\u2019s economy. <\/p>\n\n\n\n

In an announcement that promises to \u201ccut NHS waiting lists, cut national debt, and cut the cost of living,\u201d here\u2019s what tax changes and financial plans the chancellor revealed.<\/p>\n\n\n\n

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12 key takeaways<\/h2>\n\n\n\n
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  1. Income tax frozen for three more years<\/a><\/li>\n\n\n\n
  2. Business rates reforms\u00a0<\/a><\/li>\n\n\n\n
  3. National minimum wage increases<\/a><\/li>\n\n\n\n
  4. Making Tax Digital penalties<\/a><\/li>\n\n\n\n
  5. Fuel duty frozen until September 2026<\/a><\/li>\n\n\n\n
  6. A cut to household energy bills\u00a0\u00a0<\/a><\/li>\n<\/ol>\n<\/div>\n\n\n\n
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    1. New tax on electric vehicles<\/a><\/li>\n\n\n\n
    2. ISA system reforms\u00a0<\/a><\/li>\n\n\n\n
    3. Tax rise on savings and dividends\u00a0<\/a><\/li>\n\n\n\n
    4. State pension set to rise<\/a><\/li>\n\n\n\n
    5. Sugar tax expansion<\/a><\/li>\n\n\n\n
    6. Consulting on timely tax payments<\/a><\/li>\n<\/ol>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n

      Alongside the chancellor\u2019s announcement, the OBR has upgraded Britain\u2019s growth this year from one per cent to 1.5 per cent. <\/p>\n\n\n\n

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      \nTell us what you think \u2013 Autumn Budget 2025<\/legend>\r\n\r\n
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      Overall how do you feel about the 2025 Autumn Budget\r\n *<\/span>\r\n <\/div>\r\n
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