Year-end tax planning guide

The UK tax system continues to evolve following the 2025 Budget, impacting individuals, business owners and investors. Chancellor Rachel Reeves’ Budget 2025 introduced a broad package of tax changes aimed at raising revenue fairly while protecting public services. Some of the most significant changes include increases to taxes on dividend, savings and property income, continuation of frozen Income Tax thresholds, and reforms to the taxation of wealth and assets.

Against a backdrop of challenging economic conditions, prolonged freezes on thresholds (announced to stay in place through to 2031) mean that many taxpayers may face higher effective tax rates through fiscal drag. For both individuals and businesses, thoughtful year-end tax planning remains critical to minimise liabilities, capture reliefs, and plan for upcoming changes across the 2025/26 and 2026/27 tax years.

This guide highlights the key planning opportunities, changes coming into force and practical checklists to action before 6 April 2026 as a business or as an individual.

If you have any questions regarding the planning points covered in this guide, please contact our expert tax advisers today.