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30 Oct 2024 · HM Treasury, Autumn Budget 2024 (HC 295), Table 5.1

Autumn Budget 2024: every measure, and what it raises or costs

Name: Autumn Budget 2024: every measure, and what it raises or costs
Creator: HM Treasury
Published: 2024-10-30
License: https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/

Every Budget comes with a table of its policy decisions: each new measure, with what it does to the public finances in every year from 2024-25 to 2029-30. Here are all 70 lines as the Treasury printed them, each linked to its page. We lead with 2029-30, the last year the Treasury costs, when most measures have settled; every year is in the full table.

A measure that raises money brings in tax or saves spending. One that costs money cuts tax or spends more; unless something else pays for it, the government borrows it. These are the Treasury's own estimates, published as single figures without a range.

All the measures, 2029-30: £33.0bn; cost that year, net
Raise money: £48.4bn; 41 measures
Cost money: £81.4bn; 17 measures
No effect in 2029-30: 12; measures with nothing that year

It adds up

The Treasury's total for 2029-30 is −£32,990m. Its 70 lines add up to −£33,000m: +£10m apart, which is rounding. The Treasury rounds each line to the nearest £5m and adds up before rounding, so the printed lines can drift from the printed total by a few million. Together the measures cost a net £33.0bn in 2029-30.

Read from Autumn Budget 2024 (HC 295), Table 5.1 (pages 120 to 127 of the PDF), and checked line by line against the Treasury's own spreadsheet of the table: every figure matches.

The biggest in 2029-30

The measures that raise the most and cost the most that year. Each links to its line below.

Raise the most

Employer National Insurance contributions£25.7bn
Increased collection of tax due supported by investment in 5,000 additional HMRC compliance staff£2.7bn
Extending Targeted Case Review of Universal Credit claims from April 2028£2.5bn
Capital Gains Tax£2.5bn
Increased collection of overdue tax debt by additional investment in HMRC debt management staff£2.0bn

Cost the most

Investing in Public Services£55.2bn
Rebuilding Britain£23.1bn
Compensation Payments£1.4bn
Fuel duty£890m
Right to Buy£240m

Every measure, under the Treasury's headings

In the table's own order and words, with what each line does in 2029-30. The page number opens the Budget document at that line. The Treasury marks each line as tax or spending by its largest effect.

Fixing the Foundations and Rebuilding Britain

Fixing the Foundations and Rebuilding Britain: each line, what it does in 2029-30, and its page
Line	Measure	2029-30	Page
1	Investing in Public Services: Funding £22bn overspend, fixing the NHS and supporting public servicesSpending	costs £55.2bn−£55,160m	120
2	Rebuilding Britain: Additional capital investmentSpending	costs £23.1bn−£23,125m	120
3	Compensation Payments: Making payments to victims of the infected blood scandalSpending	costs £1.4bn−£1,410m	120
4	Compensation Payments: Making payments to victims of the Horizon IT scandalSpending	no effect£0m	120
5	National Wealth Fund: Mobilise investment in the UK’s clean energy and growth industries and support the delivery of our new Industrial Strategy (forecast income from investment)Spending	raises £135m+£135m	120
6	Extraordinary Revenue Acceleration: Contribution to Extraordinary Revenue Acceleration to support military effort in UkraineSpending	no effect£0m	120
7	Extraordinary Revenue Acceleration: Forecast repayment from extraordinary profits on sanctioned Russian sovereign assetsSpending	raises £260m+£260m	121

Delivering on our Promises – New Policy to Close the Tax Gap

Delivering on our Promises – New Policy to Close the Tax Gap: each line, what it does in 2029-30, and its page
Line	Measure	2029-30	Page
8	Tackling tax non-compliance in umbrella companies by moving PAYE obligations to recruitment agencies or, where an agency is not present, end client businesses from April 2026Tax	raises £500m+£500m	121
9	Increasing the interest rate on unpaid tax from April 2025Tax	raises £215m+£215m	121
10	Changes to tax rules on liquidations of Limited Liability Partnerships from 30 October 2024Tax	raises £15m+£15m	121
11	Strengthen existing charity tax rules from April 2026, to prevent abuse and ensure that only the intended tax relief is given to charitiesTax	raises £35m+£35m	121
12	Preventing non-compliance from the transfer overseas of UK tax-relieved pension fundsTax	raises £5m+£5m	121
13	Amending anti-avoidance rules to ensure shareholders cannot extract funds untaxed from close companies from 30 October 2024Tax	raises £5m+£5m	121
14	Confirming plans to mandate the reporting of benefits in kind via payroll software from April 2026Tax	raises £35m+£35m	121
15	Ending contrived car ownership schemes: closing loopholes in employee car ownership schemes to prevent them from being used to circumvent Company Car Tax from 6 April 2026Tax	raises £175m+£175m	121
16	Modernising and mandating registration of tax practitioners interacting with HMRC from April 2026Tax	raises £40m+£40m	121

Delivering on our Promises – Collecting Tax That is Due

Delivering on our Promises – Collecting Tax That is Due: each line, what it does in 2029-30, and its page
Line	Measure	2029-30	Page
17	Increased collection of tax due supported by investment in 5,000 additional HMRC compliance staffTax	raises £2.7bn+£2,725m	121
18	Increased collection of overdue tax debt by additional investment in HMRC debt management staffTax	raises £2.0bn+£2,030m	121
19	Increasing tax receipts from modernising HMRC systems and dataTax	raises £700m+£700m	122
	Total revenue from closing the tax gap (lines 8 – 19)Subtotal	+£6,485m	122

Delivering on our Promises – Other Manifesto Tax Commitments

Delivering on our Promises – Other Manifesto Tax Commitments: each line, what it does in 2029-30, and its page
Line	Measure	2029-30	Page
20	Abolition of non-domicile status and introduction of a residence-based regime: remove the 50% discount on foreign income in 2025-26; apply inheritance tax; set Capital Gains Tax rebasing date at 5 April 2017; and extend the Temporary Repatriation Facility from two to three yearsTax	raises £95m+£95m	122
21	Carried interest: Increase the rates of Capital Gains Tax on carried interest to 32% from 6 April 2025, then move the carried interest taxation regime to the Income Tax framework from 6 April 2026 onwardsTax	raises £85m+£85m	122
22	VAT: Applying the standard rate (20%) to education and boarding services provided by private schools from 1 January 2025Tax	raises £1.7bn+£1,725m	122
23	Business Rates: Remove eligibility of private schools for charitable rate relief from 1 April 2025Tax	raises £90m+£90m	122
24	Energy Profits Levy (EPL): Increase the rate to 38%; abolish the EPL investment allowance except for decarbonisation expenditure and cut rate of decarbonisation allowance to 66% from 1 November 2024; sunset date extension from 31 March 2029 to 31 March 2030 as well as the introduction of tax relief for payments made into a Decommissioning Fund in relation to oil and gas assets transferred for use in Carbon Capture Usage and StorageTax	raises £955m+£955m	122
25	Stamp Duty Land Tax (SDLT): Increase the Higher Rate of Additional Dwelling (HRAD) of SDLT by 2ppts from 3% to 5% from 31 October 2024Tax	raises £310m+£310m	122
	Total revenue from manifesto tax commitments (lines 8 – 25)Subtotal	+£9,745m	122

Repairing the Public Finances – Raising Revenue Fairly

Repairing the Public Finances – Raising Revenue Fairly: each line, what it does in 2029-30, and its page
Line	Measure	2029-30	Page
26	Employer National Insurance contributions: Increase rate by 1.2ppts to 15%, cut the Secondary Threshold to £5,000 until 5 April 2028 and uprate with CPI thereafter, increase Employment Allowance to £10,500, remove the £100,000 Employment Allowance eligibility thresholdTax	raises £25.7bn+£25,710m	123
	Memo – Allowance for impact on public sector organisationsMemo	−£5,110m	123
27	Capital Gains Tax: Increase the main rates of CGT to 18% and 24% from 30 October 2024, and the Business Asset Disposal Relief (BADR) and Investors’ Relief (IR) rate to 14% from 6 April 2025 and to 18% from 6 April 2026Tax	raises £2.5bn+£2,490m	123
28	Inheritance Tax: Include unused pension funds and death benefits payable from a pension in the value of estates from 6 April 2027Tax	raises £1.5bn+£1,460m	123
29	Inheritance Tax: Reform agricultural property relief and business property relief from 6 April 2026 by maintaining 100% relief for the first £1m of combined assets and 50% relief thereafter, and 50% relief for “not listed” shares on the markets of a recognised stock exchangeTax	raises £520m+£520m	123
30	Inheritance Tax: Maintain thresholds at current levels for a further two years until 5 April 2030Tax	raises £355m+£355m	123
31	Savings: Maintain subscription limits at current levels for Adult ISAs, Junior ISAs and Child Trust Funds from 6 April 2025 to 5 April 2030Tax	raises £605m+£605m	123

Repairing the Public Finances – Duties & Levies

Repairing the Public Finances – Duties & Levies: each line, what it does in 2029-30, and its page
Line	Measure	2029-30	Page
32	Company Car Tax: Set appropriate percentages for electric vehicles, hybrids and internal combustion engine vehicles for 2028-29 and 2029-30Tax	raises £210m+£210m	123
33	Vehicle Excise Duty: from 1 April 2025, freeze the lowest First Year Rate (FYR) paid by zero emission cars until 2029-30, increase FYRs for all other emission bands including hybrids and Internal Combustion Engine vehicles in 2025-26Tax	raises £200m+£200m	124
34	Air Passenger Duty: Adjustment to increase all rates from 2026-27 with a further 50% increase for larger private jets, and rates set to nearest penny from 2027-28Tax	raises £720m+£720m	124
35	Vaping Products Duty: Introduce a flat rate duty at £2.20/10ml from 1 October 2026Tax	raises £15m+£15m	124
36	Tobacco Duty: Introduce a tobacco duty escalator of RPI +2% for the Parliament; increase duty on hand rolling tobacco a further 10% (RPI+12%) for 2024-25 from 30 October 2024; and a separate one-off duty increase to maintain financial incentive to choose vaping over smoking from 1 October 2026Tax	raises £180m+£180m	124
37	Soft Drinks Industry Levy: Uprate by CPI since introduction in 2018 evenly across the forecast period and uprate annually by CPI from 1 April 2025Tax	raises £95m+£95m	124

Repairing the Public Finances – Targeting Support and Reducing Fraud and Error in the Welfare System

Repairing the Public Finances – Targeting Support and Reducing Fraud and Error in the Welfare System: each line, what it does in 2029-30, and its page
Line	Measure	2029-30	Page
38	Winter Fuel Payments: Target payments at recipients of Pension Credit and certain other means-tested benefits from winter 2024-25Spending	raises £1.7bn+£1,655m	124
39	Pensions: Enhance Pension Credit take-up for new claims to Housing Benefit from April 2025Spending	no effect£0m	124
40	Universal Credit: Accelerate migration of Employment and Support Allowance claimants onto Universal Credit from September 2024Spending	raises £455m+£455m	124
41	Universal Credit: Amending Severe Disability Premium transitional protection regulationsSpending	costs £5m−£5m	124
42	Investment in additional 3,000 fraud and error staff in DWP from April 2025Spending	raises £665m+£665m	124
43	New investment to verify Universal Credit claimant changes to tackle fraud and error from April 2025Spending	raises £250m+£250m	125
44	Extending Targeted Case Review of Universal Credit claims from April 2028Spending	raises £2.5bn+£2,540m	125
45	Investment in additional 180 welfare counter-fraud staff in HMRC to tackle fraud and error in Child Benefit and Tax-Free Childcare from April 2025Spending	raises £90m+£90m	125
46	Increase DWP fraud and error debt recovery powers – resource cost for measures which yield a PSNCR saving of £260m in 2029-30Spending	costs £30m−£30m	125

Supporting Business, Families, and Local Communities

Supporting Business, Families, and Local Communities: each line, what it does in 2029-30, and its page
Line	Measure	2029-30	Page
47	Business Rates: 40% relief for Retail, Hospitality and Leisure (RHL) sectors for 2025-26 from 1 April 2025, up to a £110,000 cash cap per businessTax	no effect£0m	125
48	Business Rates: Freeze the small business multiplier for 2025-26Tax	costs £155m−£155m	125
49	Fuel duty: One year extension to the 5p cut in rates and no RPI increase in 2025-26Tax	costs £890m−£890m	125
50	Capital allowances: extend 100% first-year allowances for zero-emission cars and electric vehicle charge-points to 31 March 2026 for Corporation Tax and 5 April 2026 for Income TaxTax	raises £25m+£25m	125
51	Alternative Finance: Changes to tax rules on alternative finance arrangements from 30 October 2024Tax	costs £5m−£5m	125
52	Alcohol Duty: Increase Draught Relief to reduce duty on an average ABV pint by 1p from 1 February 2025Tax	costs £100m−£100m	125
53	Carer’s Allowance: Increasing the earnings limit to the equivalent of 16 hours at the National Living Wage from April 2025Spending	costs £165m−£165m	125
54	Help to Save: Extend the current scheme with expanded eligibility to include all working UC claimants earning £1 or more, from 6 April 2025 to 5 April 2027Spending	costs £20m−£20m	125
55	Mineworkers Pension Scheme: Transfer of the Mineworkers Pension Scheme Investment Reserve to the scheme TrusteesSpending	costs £60m−£60m	126
56	Veterans: Extend employer NICs relief for hiring veterans for one year from 6 April 2025Tax	no effect£0m	126
57	Right to Buy: Reduce discounts and allow local authorities to retain full receipts from 21 November 2024Spending	costs £240m−£240m	126
58	Public Works Loan Board: Extend discounted Public Works Loan Board rate for local authorities borrowing for social housing from 30 June 2025 to 31 March 2026Spending	costs £10m−£10m	126
59	Borrowing powers: Granting borrowing powers to newly established Mayoral Combined AuthoritiesSpending	no effect£0m	126
60	Business Rates retention: Extend Greater London Authority enhanced business rates retention arrangements at 67% for 2025-26 and extend 100% local retention in Cornwall, Liverpool City Region and the West of England Combined Authority areaSpending	no effect£0m	126

Tariffs & Technical Tax Changes

Tariffs & Technical Tax Changes: each line, what it does in 2029-30, and its page
Line	Measure	2029-30	Page
61	Tariff Changes since Spring Budget 2024Tax	no effect£0m	126
62	Special Education Needs and Disabilities: Reduction in Local Authority SEND deficits as a result of additional DEL fundingSpending	no effect£0m	126
63	Universal Credit: Extend the £2,500 surplus earnings threshold for one year from April 2025Spending	no effect£0m	126
64	Van Benefit Charge: Uprate by CPI from 6 April 2025Tax	raises £5m+£5m	126
65	Climate Change Levy (CCL): Amendments to the Climate Change Agreement scheme from 1 January 2026, meaning new entrants will be able to claim relief on their CCL bill before completing a target periodTax	no effect£0m	126
66	The Starting Rate for Savings (SRS): Maintain the SRS at £5,000 for 2025-26 from 6 April 2025Tax	negligible*	126
67	Private Intermittent Securities and Capital Exchange System (PISCES): Exempt transfers of shares made on a PISCES platform from Stamp Taxes on SharesTax	costs £5m−£5m	127
68	Carbon Border Adjustment Mechanism (CBAM): Confirming sectoral scope of the UK CBAM from 1 January 2027 to be aluminium, cement, fertiliser, hydrogen, and iron and steel.Tax	costs £5m−£5m	127
69	Carbon Price Support (CPS): Maintain the freeze of CPS rates at the equivalent of £18 per tonne of CO2 from 1 April 2026Tax	costs £5m−£5m	127
70	Lifelong Learning Entitlement: Implementation to amended timetableSpending	raises £10m+£10m	127

The Treasury's totals

The totals at the foot of the table, for 2029-30
Total policy decisionsAll the measures	−£32,990m	127
Total spending policy decisionsSpending	−£74,160m	127
Total tax policy decisionsTax	+£41,170m	127

The tax and spending totals count both sides of every measure, so they need not match the lines marked tax or spending.

Every year, every line

The whole table in £ million as printed, with the sum of the lines and the rounding gap for each year. “*” is the Treasury's mark for a negligible figure.

Show the full table

Autumn Budget 2024 policy decisions, £ million, 2024-25 to 2029-30
Line	Measure	2024-25	2025-26	2026-27	2027-28	2028-29	2029-30	Page
1	Investing in Public Services: Funding £22bn overspend, fixing the NHS and supporting public services	−£26,450m	−£44,360m	−£48,285m	−£51,770m	−£55,065m	−£55,160m	120
2	Rebuilding Britain: Additional capital investment	+£1,765m	−£15,360m	−£19,440m	−£23,820m	−£25,695m	−£23,125m	120
3	Compensation Payments: Making payments to victims of the infected blood scandal	−£1,080m	−£2,925m	−£2,830m	−£2,000m	−£1,570m	−£1,410m	120
4	Compensation Payments: Making payments to victims of the Horizon IT scandal	−£770m	−£725m	−£250m	−£10m	£0m	£0m	120
5	National Wealth Fund: Mobilise investment in the UK’s clean energy and growth industries and support the delivery of our new Industrial Strategy (forecast income from investment)	£0m	+£5m	+£30m	+£50m	+£80m	+£135m	120
6	Extraordinary Revenue Acceleration: Contribution to Extraordinary Revenue Acceleration to support military effort in Ukraine	−£750m	−£750m	−£750m	£0m	£0m	£0m	120
7	Extraordinary Revenue Acceleration: Forecast repayment from extraordinary profits on sanctioned Russian sovereign assets	£0m	+£225m	+£160m	+£195m	+£230m	+£260m	121
8	Tackling tax non-compliance in umbrella companies by moving PAYE obligations to recruitment agencies or, where an agency is not present, end client businesses from April 2026	£0m	+£75m	+£895m	+£740m	+£635m	+£500m	121
9	Increasing the interest rate on unpaid tax from April 2025	+£50m	+£255m	+£260m	+£215m	+£215m	+£215m	121
10	Changes to tax rules on liquidations of Limited Liability Partnerships from 30 October 2024	+£5m	+£15m	+£15m	+£15m	+£15m	+£15m	121
11	Strengthen existing charity tax rules from April 2026, to prevent abuse and ensure that only the intended tax relief is given to charities	£0m	*	+£20m	+£35m	+£35m	+£35m	121
12	Preventing non-compliance from the transfer overseas of UK tax-relieved pension funds	*	+£5m	+£5m	+£5m	+£5m	+£5m	121
13	Amending anti-avoidance rules to ensure shareholders cannot extract funds untaxed from close companies from 30 October 2024	+£5m	+£10m	+£5m	+£5m	+£5m	+£5m	121
14	Confirming plans to mandate the reporting of benefits in kind via payroll software from April 2026	£0m	£0m	+£35m	+£35m	+£35m	+£35m	121
15	Ending contrived car ownership schemes: closing loopholes in employee car ownership schemes to prevent them from being used to circumvent Company Car Tax from 6 April 2026	£0m	£0m	+£275m	+£220m	+£195m	+£175m	121
16	Modernising and mandating registration of tax practitioners interacting with HMRC from April 2026	£0m	*	+£5m	+£35m	+£40m	+£40m	121
17	Increased collection of tax due supported by investment in 5,000 additional HMRC compliance staff	+£10m	+£165m	+£540m	+£1,150m	+£1,940m	+£2,725m	121
18	Increased collection of overdue tax debt by additional investment in HMRC debt management staff	+£275m	+£815m	+£1,230m	+£1,490m	+£1,515m	+£2,030m	121
19	Increasing tax receipts from modernising HMRC systems and data	*	+£35m	+£155m	+£305m	+£485m	+£700m	122
20	Abolition of non-domicile status and introduction of a residence-based regime: remove the 50% discount on foreign income in 2025-26; apply inheritance tax; set Capital Gains Tax rebasing date at 5 April 2017; and extend the Temporary Repatriation Facility from two to three years	£0m	*	+£4,170m	+£5,895m	+£2,545m	+£95m	122
21	Carried interest: Increase the rates of Capital Gains Tax on carried interest to 32% from 6 April 2025, then move the carried interest taxation regime to the Income Tax framework from 6 April 2026 onwards	£0m	£0m	−£5m	+£140m	+£80m	+£85m	122
22	VAT: Applying the standard rate (20%) to education and boarding services provided by private schools from 1 January 2025	+£460m	+£1,505m	+£1,560m	+£1,610m	+£1,665m	+£1,725m	122
23	Business Rates: Remove eligibility of private schools for charitable rate relief from 1 April 2025	£0m	+£70m	+£85m	+£85m	+£85m	+£90m	122
24	Energy Profits Levy (EPL): Increase the rate to 38%; abolish the EPL investment allowance except for decarbonisation expenditure and cut rate of decarbonisation allowance to 66% from 1 November 2024; sunset date extension from 31 March 2029 to 31 March 2030 as well as the introduction of tax relief for payments made into a Decommissioning Fund in relation to oil and gas assets transferred for use in Carbon Capture Usage and Storage	+£195m	+£470m	+£220m	+£50m	+£410m	+£955m	122
25	Stamp Duty Land Tax (SDLT): Increase the Higher Rate of Additional Dwelling (HRAD) of SDLT by 2ppts from 3% to 5% from 31 October 2024	+£115m	+£90m	+£170m	+£255m	+£280m	+£310m	122
26	Employer National Insurance contributions: Increase rate by 1.2ppts to 15%, cut the Secondary Threshold to £5,000 until 5 April 2028 and uprate with CPI thereafter, increase Employment Allowance to £10,500, remove the £100,000 Employment Allowance eligibility threshold	£0m	+£23,770m	+£23,690m	+£24,170m	+£24,930m	+£25,710m	123
27	Capital Gains Tax: Increase the main rates of CGT to 18% and 24% from 30 October 2024, and the Business Asset Disposal Relief (BADR) and Investors’ Relief (IR) rate to 14% from 6 April 2025 and to 18% from 6 April 2026	+£90m	+£1,440m	+£1,370m	+£1,350m	+£2,180m	+£2,490m	123
28	Inheritance Tax: Include unused pension funds and death benefits payable from a pension in the value of estates from 6 April 2027	£0m	£0m	£0m	+£640m	+£1,340m	+£1,460m	123
29	Inheritance Tax: Reform agricultural property relief and business property relief from 6 April 2026 by maintaining 100% relief for the first £1m of combined assets and 50% relief thereafter, and 50% relief for “not listed” shares on the markets of a recognised stock exchange	£0m	£0m	+£230m	+£495m	+£520m	+£520m	123
30	Inheritance Tax: Maintain thresholds at current levels for a further two years until 5 April 2030	£0m	£0m	£0m	£0m	+£110m	+£355m	123
31	Savings: Maintain subscription limits at current levels for Adult ISAs, Junior ISAs and Child Trust Funds from 6 April 2025 to 5 April 2030	£0m	£0m	+£15m	+£90m	+£265m	+£605m	123
32	Company Car Tax: Set appropriate percentages for electric vehicles, hybrids and internal combustion engine vehicles for 2028-29 and 2029-30	£0m	£0m	£0m	£0m	+£135m	+£210m	123
33	Vehicle Excise Duty: from 1 April 2025, freeze the lowest First Year Rate (FYR) paid by zero emission cars until 2029-30, increase FYRs for all other emission bands including hybrids and Internal Combustion Engine vehicles in 2025-26	+£15m	+£415m	+£410m	+£370m	+£285m	+£200m	124
34	Air Passenger Duty: Adjustment to increase all rates from 2026-27 with a further 50% increase for larger private jets, and rates set to nearest penny from 2027-28	£0m	£0m	+£520m	+£585m	+£650m	+£720m	124
35	Vaping Products Duty: Introduce a flat rate duty at £2.20/10ml from 1 October 2026	£0m	£0m	+£5m	+£10m	+£10m	+£15m	124
36	Tobacco Duty: Introduce a tobacco duty escalator of RPI +2% for the Parliament; increase duty on hand rolling tobacco a further 10% (RPI+12%) for 2024-25 from 30 October 2024; and a separate one-off duty increase to maintain financial incentive to choose vaping over smoking from 1 October 2026	+£40m	+£85m	+£105m	+£135m	+£160m	+£180m	124
37	Soft Drinks Industry Levy: Uprate by CPI since introduction in 2018 evenly across the forecast period and uprate annually by CPI from 1 April 2025	£0m	+£20m	+£40m	+£60m	+£75m	+£95m	124
38	Winter Fuel Payments: Target payments at recipients of Pension Credit and certain other means-tested benefits from winter 2024-25	+£1,450m	+£1,510m	+£1,555m	+£1,580m	+£1,605m	+£1,655m	124
39	Pensions: Enhance Pension Credit take-up for new claims to Housing Benefit from April 2025	£0m	*	−£5m	−£10m	£0m	£0m	124
40	Universal Credit: Accelerate migration of Employment and Support Allowance claimants onto Universal Credit from September 2024	−£25m	−£485m	−£455m	−£275m	+£70m	+£455m	124
41	Universal Credit: Amending Severe Disability Premium transitional protection regulations	*	−£5m	−£5m	−£5m	−£5m	−£5m	124
42	Investment in additional 3,000 fraud and error staff in DWP from April 2025	£0m	+£80m	+£345m	+£530m	+£625m	+£665m	124
43	New investment to verify Universal Credit claimant changes to tackle fraud and error from April 2025	£0m	+£105m	+£225m	+£225m	+£235m	+£250m	125
44	Extending Targeted Case Review of Universal Credit claims from April 2028	£0m	£0m	£0m	£0m	+£1,345m	+£2,540m	125
45	Investment in additional 180 welfare counter-fraud staff in HMRC to tackle fraud and error in Child Benefit and Tax-Free Childcare from April 2025	£0m	+£20m	+£60m	+£90m	+£95m	+£90m	125
46	Increase DWP fraud and error debt recovery powers – resource cost for measures which yield a PSNCR saving of £260m in 2029-30	£0m	£0m	−£30m	−£30m	−£30m	−£30m	125
47	Business Rates: 40% relief for Retail, Hospitality and Leisure (RHL) sectors for 2025-26 from 1 April 2025, up to a £110,000 cash cap per business	+£35m	−£1,725m	+£50m	−£15m	£0m	£0m	125
48	Business Rates: Freeze the small business multiplier for 2025-26	*	−£135m	−£145m	−£145m	−£145m	−£155m	125
49	Fuel duty: One year extension to the 5p cut in rates and no RPI increase in 2025-26	−£45m	−£3,015m	−£880m	−£890m	−£900m	−£890m	125
50	Capital allowances: extend 100% first-year allowances for zero-emission cars and electric vehicle charge-points to 31 March 2026 for Corporation Tax and 5 April 2026 for Income Tax	−£20m	−£175m	−£125m	+£45m	+£25m	+£25m	125
51	Alternative Finance: Changes to tax rules on alternative finance arrangements from 30 October 2024	*	−£5m	−£5m	−£5m	−£5m	−£5m	125
52	Alcohol Duty: Increase Draught Relief to reduce duty on an average ABV pint by 1p from 1 February 2025	−£10m	−£85m	−£85m	−£90m	−£95m	−£100m	125
53	Carer’s Allowance: Increasing the earnings limit to the equivalent of 16 hours at the National Living Wage from April 2025	£0m	−£25m	−£70m	−£105m	−£135m	−£165m	125
54	Help to Save: Extend the current scheme with expanded eligibility to include all working UC claimants earning £1 or more, from 6 April 2025 to 5 April 2027	£0m	£0m	£0m	−£20m	−£20m	−£20m	125
55	Mineworkers Pension Scheme: Transfer of the Mineworkers Pension Scheme Investment Reserve to the scheme Trustees	£0m	−£70m	−£70m	−£65m	−£60m	−£60m	126
56	Veterans: Extend employer NICs relief for hiring veterans for one year from 6 April 2025	£0m	−£5m	£0m	£0m	£0m	£0m	126
57	Right to Buy: Reduce discounts and allow local authorities to retain full receipts from 21 November 2024	£0m	−£265m	−£280m	−£195m	−£205m	−£240m	126
58	Public Works Loan Board: Extend discounted Public Works Loan Board rate for local authorities borrowing for social housing from 30 June 2025 to 31 March 2026	£0m	−£5m	−£10m	−£10m	−£10m	−£10m	126
59	Borrowing powers: Granting borrowing powers to newly established Mayoral Combined Authorities	−£5m	−£25m	−£40m	−£20m	−£5m	£0m	126
60	Business Rates retention: Extend Greater London Authority enhanced business rates retention arrangements at 67% for 2025-26 and extend 100% local retention in Cornwall, Liverpool City Region and the West of England Combined Authority area	£0m	−£1,185m	+£25m	£0m	£0m	£0m	126
61	Tariff Changes since Spring Budget 2024	−£55m	−£105m	−£35m	£0m	£0m	£0m	126
62	Special Education Needs and Disabilities: Reduction in Local Authority SEND deficits as a result of additional DEL funding	£0m	+£865m	£0m	£0m	£0m	£0m	126
63	Universal Credit: Extend the £2,500 surplus earnings threshold for one year from April 2025	£0m	−£160m	£0m	£0m	£0m	£0m	126
64	Van Benefit Charge: Uprate by CPI from 6 April 2025	£0m	+£5m	+£5m	+£5m	+£5m	+£5m	126
65	Climate Change Levy (CCL): Amendments to the Climate Change Agreement scheme from 1 January 2026, meaning new entrants will be able to claim relief on their CCL bill before completing a target period	£0m	*	−£5m	£0m	£0m	£0m	126
66	The Starting Rate for Savings (SRS): Maintain the SRS at £5,000 for 2025-26 from 6 April 2025	£0m	*	+£5m	*	*	*	126
67	Private Intermittent Securities and Capital Exchange System (PISCES): Exempt transfers of shares made on a PISCES platform from Stamp Taxes on Shares	*	*	*	*	−£5m	−£5m	127
68	Carbon Border Adjustment Mechanism (CBAM): Confirming sectoral scope of the UK CBAM from 1 January 2027 to be aluminium, cement, fertiliser, hydrogen, and iron and steel.	£0m	£0m	*	−£5m	−£5m	−£5m	127
69	Carbon Price Support (CPS): Maintain the freeze of CPS rates at the equivalent of £18 per tonne of CO2 from 1 April 2026	£0m	£0m	−£10m	−£10m	−£5m	−£5m	127
70	Lifelong Learning Entitlement: Implementation to amended timetable	£0m	*	*	+£10m	+£10m	+£10m	127
	Total revenue from closing the tax gap (lines 8 – 19)	+£350m	+£1,375m	+£3,445m	+£4,240m	+£5,120m	+£6,485m	122
	Total revenue from manifesto tax commitments (lines 8 – 25)	+£1,115m	+£3,510m	+£9,635m	+£12,275m	+£10,185m	+£9,745m	122
	Memo – Allowance for impact on public sector organisations	£0m	−£4,745m	−£4,730m	−£4,830m	−£4,940m	−£5,110m	123
	Total policy decisions	−£24,705m	−£39,550m	−£35,330m	−£36,585m	−£38,775m	−£32,990m	127
	Total spending policy decisions	−£25,865m	−£63,550m	−£70,115m	−£75,645m	−£78,500m	−£74,160m	127
	Total tax policy decisions	+£1,160m	+£24,005m	+£34,785m	+£39,065m	+£39,725m	+£41,170m	127
	The 70 lines added up (this site)	−£24,700m	−£39,540m	−£35,325m	−£36,575m	−£38,790m	−£33,000m
	Treasury total minus the lines: rounding	−£5m	−£10m	−£5m	−£10m	+£15m	+£10m

How this page is made

A program reads the table from the Budget document as printed (the PDF on GOV.UK): every word with its place on the page, so each figure lands in its year's column and each line keeps its number, its words, its heading and its page. Nothing is typed in by hand except the Treasury's total, which a person copies from the PDF so the program's reading can be checked against it.

Before anything is published it must pass every check: the lines run 1 to 70 with none missing, every line has a figure for every year, the total matches the one copied by hand, the lines add up to it within rounding in every year, and every figure and total matches the Treasury's own spreadsheet of the table. All 22 checks passed.

Signs are the Treasury's: the effect on the Exchequer, so money raised is positive and money spent or given up is negative. A measure's figure is the change it makes in that year compared with no change in policy; it is not the cost of a whole programme.

The Treasury's notes to the table

1 Costings reflect the OBR’s latest economic and fiscal determinants.
2 Many measures have both tax and spend impacts. Measures are identified as tax or spend on the basis of their largest impact.
3 20% VAT will also apply to pre-payments of fees for terms starting on or after 1 January 2025 made on or after 29 July 2024.
4 Costing reflects assumed increase in Pension Credit take-up.
5 Totals may not sum due to rounding.
6 The totals for tax and spending reflect both the tax and spend impacts of each measure. Totals may not sum by head classification.
* Costing is negligible

Source: HM Treasury, Autumn Budget 2024 (HC 295), published 30 Oct 2024, OGL v3.

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