What changed in the 28 October 2026 Budget?
The previous Budget had already legislated a 2-point rise on savings and property income from April 2027 (to 22%, 42% and 47%). The Autumn Budget 2026 added another 2 points, so from 6 April 2027 the rates become:
| Band | 2026/27 | Previously planned | 2027/28 (Budget 2026) |
|---|---|---|---|
| Basic | 20% | 22% | 24% |
| Higher | 40% | 42% | 44% |
| Additional | 45% | 47% | 49% |
What stays the same
The personal allowance (£12,570) and higher-rate threshold (£50,270) stay frozen until 2031. Dividend rates stay at 10.75%, 35.75% and 39.35%. The cash ISA allowance stays at £20,000 — the planned cut to £12,000 was scrapped.
How the calculator works
Your personal allowance is used against salary first, then rental profit, then savings. Savings interest gets the £5,000 starting rate (if your other taxable income is low) and the Personal Savings Allowance of £1,000 (basic rate), £500 (higher rate) or £0 (additional rate).
FAQ
When do the new savings and property tax rates start?
From 6 April 2027, the start of the 2027/28 tax year.
How much more tax will a landlord pay?
A basic-rate landlord pays 4p more per £1 of rental profit (24% instead of 20%). On £10,000 of profit that is £400 a year.
Is the Personal Savings Allowance changing?
No change was announced: it stays £1,000 for basic-rate and £500 for higher-rate taxpayers.
Does this affect ISAs?
No. Interest and income inside ISAs remain tax-free, and the £20,000 annual limit stays.
Sources: Autumn Budget 28 October 2026 coverage (ICAEW, Which?, Lewis Golden). Rates as announced; check GOV.UK once the Finance Bill is published.