What do I need to know about this year’s Budget?

8 October 2025

News

Budget 2026 was announced on Tuesday, 7 October 2025.

What is the Budget?

The Budget is the Government’s financial plan for the year. It sets out how public money and taxes will be spent on public services like healthcare and housing.

Budgets can include changes to:

  • Social welfare payments
  • Minimum wage
  • Tax bands and tax credits
  • VAT and other taxes
  • Grants and schemes for public services, such as education, housing and health

Where can I get up to date information on this year’s Budget?

Get trusted information and find out more about the Budget and how it will affect you by:

🔗 Checking out our Budget 2026 page

👉 Following us on Facebook and Instagram

We update our pages with all the important information from Budget 2026, such as when any payment increases will come in.

Woman sitting in a wheelchair at her kitchen table. Text reads “What is the Budget?”