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Autumn Budget 2026: property and savings tax changes

Roger Eddowes

CREATED BY ROGER EDDOWES

Published: 05/11/2026 @ 09:00AM

#AutumnBudget #PropertyTax #SavingsTax #LandlordTax #InvestmentIncome

With the Autumn Budget now behind us, attention is turning to what the announcements will mean in practice. Among the measures worth a closer look are the property and savings tax changes, which affect landlords, savers and anyone receiving income from investments ...

Tax changes to property and savings in the Autumn Budget 2026: what taxpayers need to know

Tax changes to property and savings in the Autumn Budget 2026: what taxpayers need to know

From 6th April 2027, the basic rate on taxable property and savings income will rise to 24%, the higher rate to 44%, and the additional rate to 49%. These figures are a further two percentage points above the rates previously planned.

For landlords, the changes could mean keeping
less of their rental profits after tax!

With mortgage costs, maintenance, insurance, and other expenses already pressuring returns, even a relatively small tax increase can make a difference. It's worth reviewing expected rental income and allowable expenses to understand how the changes might affect profitability.

Savers could also pay more tax on interest earned outside tax-efficient accounts. However, the increase doesn't mean everyone with savings will suddenly face a tax bill.

The Personal Savings Allowance and other applicable allowances remain important, and many people will continue to receive their savings interest without paying tax.

There was some welcome news for ISA savers. The government has confirmed that the annual Cash ISA subscription limit will stay at £20,000, rather than introducing the previously proposed cut for older savers. This preserves an important opportunity to earn tax-freeinterest, subject to the usual ISA rules.

Another consideration is that the treatment of property income may differ across the UK. Scotland and Wales have powers relating to their own property income tax rates, so taxpayers should check which rules apply to their circumstances.

For anyone affected, the sensible approach is to review
their position before the changes arrive!

Landlords may want to revisit their financial forecasts, while savers could consider whether they're making effective use of available tax allowances. Decisions should always reflect individual circumstances rather than tax considerations alone.

The Budget 2026 property and savings tax changes are another reminder that financial planning shouldn't be left until the end of the tax year. A conversation with your accountant now could help you understand the potential impact and explore your options.

Then you can approach April 2027 with greater confidence.

Until next time ...


ROGER EDDOWES
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If anything I've written in my blog post resonates with you and you'd like to discover more of my thoughts about these tax changes, then do call me on 01908 774320 and let's see how I can help you.

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#AutumnBudget #PropertyTax #SavingsTax #LandlordTax #InvestmentIncome

About Roger Eddowes ...

Roger Eddowes 

Roger trained at Edward Thomas Peirson & Sons in Market Harborough before working at Hartwell & Co, followed by Chancery, as a partner. He started Essendon Accounts and Tax with Helen Beaumont in 2014 as a general practitioner with a hands-on approach.

Roger loves getting his hands dirty, working with emerging, small-to-medium and family businesses to ensure they receive the best possible accountancy advice. Roger utilises an extensive network of business contacts to leverage the best guidance and practical solutions.

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