The 2026 Budget introduced several important measures for business owners, employers, and innovative companies. While the Finance Bill will confirm the full detail, three key tax changes stand out that could impact entrepreneurs, employers, and R&D-focused businesses.

Budget 2026 marks a strategic shift in government priorities. Announced on Tuesday, 7 October 2025, this budget takes a distinctly different approach from previous years, focusing on long-term investment rather than immediate personal tax relief.

Budget 2025 has delivered a significant boost for workers and households, addressing the cost-of-living crisis. However, the implications for businesses are more nuanced. While some sectors will benefit, others face challenges.

Budget 2025, presented by Minister for Finance Jack Chambers, introduces several impactful changes aimed at benefiting small and medium-sized businesses. From adjustments to income thresholds to new relief measures, this budget brings about significant updates that could directly affect your business and its financial outlook.