Chancellor rules out raising CGT: So what’s still on the table?
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Chancellor John Healey has reportedly ruled out increasing Capital Gains Tax (CGT) in his Budget on 28 October, following warnings that higher rates could discourage investment and prompt some wealthy people to move their money or delay selling assets.
That’s good news if you were planning on selling an asset in the near future that has increased in value, such as shares or a property that isn’t your primary residence. It looks like your tax bill now won’t be going up.
But with the Government under pressure to raise money somewhere – and CGT rises now seemingly off the table – changes will have to be made somewhere. So what could be coming instead?
We’ve put together a series of guides covering some of the most talked about rumours for Budget 2026 – along with what you can do to prepare:
What to expect if you’re planning for retirement
What to expect if you’re already retired
What to expect if you’re struggling with household bills
What to expect if you’re a business owner
What to expect if you’re a saver
What to expect if you’re a homeowner, landlord or renter
What to do next
Join us here on Budget day for live news announcements and our clear, easy-to-follow breakdown on what each announcement could mean for you.
We’ll help you understand what the Chancellor’s decisions mean for your bank balance, savings and investments – and what steps you could take next.
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