Autumn Budget 2025 - Detailed Summary

The leaky Red Box


The most surprising thing about the latest Budget was that someone at the Office for Budget Responsibility appears to have pressed the wrong button and published its report about 40 minutes before the Chancellor stood up, rather than just after she sat down. This meant that the pundits were discussing the contents of the Budget before it had been delivered, which was unprecedented.



In this document we have summarised the main tax proposals and their impact, and also included reminders of some matters announced in previous Budgets but only now coming into force. If you would like to discuss what it all means for you, we will be happy to help.


Poster of Paranormal Activity Play
21 November 2025
Paranormal Activity, one of the latest productions to come out of Melting Pot Productions, has earned rave reviews in Los Angeles
Hallway with Companies House logo on a blue screen; other screens and wood paneling on the wall.
3 October 2025
From 18 November 2025, Companies House will require all directors and persons with significant control of companies to complete identity verification
Chancellor of the Exchequer Rachel Reeves in the House of Commons
19 September 2025
The 2024/25 data paints a picture of resilience, but also fragility confirming that the UK continues to operate under one of the highest tax burdens in decades.
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Friend Partnership is a forward-thinking firm of Chartered Accountants, Business Advisers, Corporate Finance and Tax Specialists, based In The UK

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