Key tax from Autumn Budget 2025 for business owners

  • No increase in the rate of income tax, national insurance or VAT
  • VAT registration threshold no change
  • Income tax thresholds frozen for a further three years beyond 2028 to 2031
  • Electric vehicle drivers duty of 3p per mile tax from 2028/29. 1.5p per mile for hybrid cars.
  • The basic and higher rates of dividends tax is rising by 2% to 10.75% and 35.75% respectively from April 2026
  • Abolish voluntary Class 2 NICs for people living abroad
  • Property, savings and dividends income tax rate increased by 2%
  • Customs duty on any value of parcel
  • Student loan repayment threshold frozen at the 2026/27 level for three years
  • From 2027, people receiving only the basic or new state pension will not be subject to small tax bills via simple assessment
Budget 2025, National Insurance, self employed, Tax, tax for self employed

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