28 Oct 2026HM Treasury, Budget 2026 (HC 726), Table 6.1

Autumn Budget 2026: every measure, and what it raises or costs

Name: Autumn Budget 2026: every measure, and what it raises or costs
Creator: HM Treasury
Published: 2026-10-28
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 2026-27 to 2031-32. Here are all 98 lines as the Treasury printed them, each linked to its page. We lead with 2031-32, 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, 2031-32: £7.4bn; raised that year, net
Raise money: £12.2bn; 26 measures
Cost money: £4.8bn; 39 measures
No effect in 2031-32: 33; measures with nothing that year

It adds up

The Treasury's total for 2031-32 is +£7,350m. Its 98 lines add up to +£7,355m: −£5m 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 raise a net £7.4bn in 2031-32.

Read from Budget 2026 (HC 726), Table 6.1 (pages 105 to 114 of the PDF), and checked line by line against the Treasury's own spreadsheet of the table: every figure matches (17 lines worded or labelled differently).

The biggest in 2031-32

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

Raise the most

HMRC£3.2bn
Defence Investment Plan£1.2bn
Writing-down Allowances£1.1bn
Distributions£785m
Modernising Taxation of Foreign Sovereign Investments£655m

Every measure, under the Treasury's headings

In the table's own order and words, with what each line does in 2031-32. The page number opens the Budget document at that line. The Treasury marks each line as tax or spending by its largest effect.

Breathing space for families

Breathing space for families: each line, what it does in 2031-32, and its page
Line	Measure	2031-32	Page
1	Household Energy Payment: £100 council tax rebate for bands A-D from January 2027Spending	no effect£0m	105
2	Support for Energy Bills: Cut VAT on domestic electricity from 5% to 0% from 1 October 2026 to 1 July 2027Tax	no effect£0m	105
3	Fuel Duty: Extend the temporary 5p-per-litre duty cut and defer the planned Retail Prices Index (RPI) increase to 1 July 2027Tax	no effect£0m	105
4	Bus Fares: Cap single bus fares at £2 in England outside London for one year from 1 January 2027, funded by reprioritising DESNZ budgetsSpending	no effect£0m	106
5	Mileage Rates: Increase the tax-free and tax-deductible car and van rates to 55p for the first 10,000 business miles from 6 April 2026 and the higher mileage rate to 35p from 6 April 2027Tax	costs £245m−£245m	106
6	Parental Pay: Establish a Parental Allowance for fathers, partners and adopters in Great Britain from April 2029Spending	costs £70m−£70m	106
7	Carer’s Allowance: Introduce a taper on earnings above the Weekly Earning Limit within 2030-31Spending	costs £80m−£80m	106
8	Universal Credit: Extend the £2,500 surplus earnings threshold for one year from 1 April 2027Spending	no effect£0m	106
9	Early Years: Fund increased access to books for children aged 0 to 5Spending	no effect£0m	106
10	Tariff Suspension Packages: Suspend tariffs on 135 food products from 21 June 2026 until 31 December 2028; 101 food products and kerosene for heating oil from 26 November 2026 until 31 December 2028; and fertiliser from 26 November 2026 until 31 December 2027Tax	no effect£0m	106
11	Cash ISAs: Maintain the cash ISA limit at £20,000 from 6 April 2027Tax	costs £70m−£70m	106

Breathing space for businesses

Breathing space for businesses: each line, what it does in 2031-32, and its page
Line	Measure	2031-32	Page
12	Business Rates: Increase business rates relief for pubs, social clubs and live music venues by 20ppts to 35% from 1 April 2027Tax	costs £5m−£5m	106
13	Business Rates: Increase valuation thresholds for Small Business Rate Relief for retail, hospitality and leisure (RHL) properties from £12,000 to £18,000 for 100% relief and from £15,000 to £21,000 for tapered relief from 1 April 2027Tax	costs £5m−£5m	106
14	Business Rates: Introduce a transitional support package, including a two-year real terms bills freeze for RHL businesses and a one-year extension of the 2023 Supporting Small Business support, part funded by extending the Transitional Relief Supplement for two years from 1 April 2027Tax	no effect£0m	107
15	Trading Allowance: Increase the Income Tax Trading Allowance to £3,000 from £1,000 from 6 April 2027Tax	costs £180m−£180m	107
16	Business Tariff Suspensions: Suspend tariffs on 72 products from 5 August 2026 and extend suspensions for 361 products in 2027-28Tax	no effect£0m	107
17	Climate Change Levy: Freeze electricity & liquefied petroleum gas main rates, and uprate gas and solid fuels main rates by RPI from 1 April 2028Tax	costs £25m−£25m	107
18	Red Diesel: Reduce duty rates by 3.7p-per-litre from 15 June 2026 to 1 July 2027Tax	no effect£0m	107
19	Alcohol Duty: Increase the generosity of Small Producer Relief from 1 February 2027Tax	costs £10m−£10m	107

Delivering Fiscal Devolution

Delivering Fiscal Devolution: each line, what it does in 2031-32, and its page
Line	Measure	2031-32	Page
20	Good Growth Funds: Seed funding for Mayors and local leaders in England and £1.5bn finance for Mayoral Strategic Authorities with a mechanism for subsidised lending (resource impacts of subsidy)Spending	costs £60m−£60m	107
21	Business Rates Retention: Devolve a share of business rates income and growth to Mayoral Strategic Authorities from April 2027Spending	costs £140m−£140m	107
22	Youth Employment and Skills: Expand local apprenticeship services to all current mayorsSpending	no effect£0m	107
23	Regional Growth: Fund priority investments and local growth & regeneration projects across the UKSpending	no effect£0m	107
24	Cambridge Development Corporation: Pilot a new government financing model for land, housing and infrastructure development from April 2027 (capital grant element)Spending	no effect£0m	107
25	Strategic Authorities: Increase funding to build capacity to deliver new powers and investment responsibilitiesSpending	no effect£0m	108

Backing British business

Backing British business: each line, what it does in 2031-32, and its page
Line	Measure	2031-32	Page
26	Founders’ Relief: Introduce a new CGT relief for qualifying founders of high-growth, innovative companies from 6 April 2027Tax	costs £300m−£300m	108
27	R&D Tax Reliefs: Remove the Claim Notification Form from 1 April 2027 and simplify the Additional Information Form from Autumn 2027Spending	costs £70m−£70m	108
28	Enterprise Management Incentives 2 (EMI2): Increase the individual option limit to £120,000, extending the exercise period to 15 years and remove interaction with EMI option limit from 6 April 2027Tax	costs £140m−£140m	108
29	Backing Innovation: Bring forward £1bn investment and increase financial capacity by £2bn for the British Business Bank to support additional investment in the UK (resource impacts of increased lending)Spending	raises £25m+£25m	108
30	National Wealth Fund: Invest additional capital to support growth, including £2bn for the new Energy Wealth Fund (resource impacts of increased lending)Spending	raises £470m+£470m	108
31	Artificial Intelligence: Strengthen the UK’s AI security, accelerate adoption across the economy, and support strategically important UK AI capabilitiesSpending	costs £5m−£5m	108
32	EV Charging: Reduce the cost of using local, lower-powered public chargers in Great BritainSpending	no effect£0m	108

Housing

Housing: each line, what it does in 2031-32, and its page
Line	Measure	2031-32	Page
33	Rough Sleeping: Invest in a route off the streets across the Parliament, alongside longer-term accommodation and intensive supportSpending	costs £95m−£95m	108
34	Rough Sleeping: Reprioritise existing MHCLG budgets to tackle rough sleepingSpending	no effect£0m	108
35	Social and Affordable Homes Programme: Fund delivery of around 10,000 social and affordable homesSpending	no effect£0m	108
36	Social Housing: Introduce a zero rate of VAT for land sold to registered social housing providers (relevant housing associations) from 1 April 2027Tax	costs £15m−£15m	109
37	Your First Home: Introduce a new equity loan scheme to support around 70,000 first-time buyers from April 2027 (net income from developer fees)Spending	raises £95m+£95m	109
38	First Time Buyer ISA: Introduce a new ISA for first-time buyers, replacing the Lifetime ISA for new savers from 6 April 2029Spending	raises £235m+£235m	109
39	Lifetime ISA: Reduce the withdrawal charge from 25% to 20% for first-time buyers purchasing properties above the £450,000 price cap from 29 October 2026Spending	costs £25m−£25m	109

Investing in our national security

Investing in our national security: each line, what it does in 2031-32, and its page
Line	Measure	2031-32	Page
40	Defence Investment Plan (DIP): Commitment to further savings made at announcement on 30 June 2026Spending	costs £970m−£970m	109
41	Defence Investment Plan: Reallocate capital spending to fully fund the Defence Investment PlanSpending	raises £1.2bn+£1,180m	109
42	Defence: Reinvest defence and security administration savings into frontline defence and national securitySpending	no effect£0m	109
43	Ukraine: Emergency winter support for air defenceSpending	no effect£0m	109
44	UK Export Finance: Increase capacity to support UK defence exports from June 2026 (increased income from additional activity)Tax	no effect£0m	109

Modernising the tax and welfare system

Modernising the tax and welfare system: each line, what it does in 2031-32, and its page
Line	Measure	2031-32	Page
45	HMRC: Measures to close the tax gapTax	raises £3.2bn+£3,160m	109
46	Online Marketplace Liability: Extend to UK businesses with a minimum annual sales threshold per platform of £90,000 from 1 October 2027Tax	raises £265m+£265m	109
47	DWP Fraud and Error: Expand use of data and targeted controls to prevent fraud from entering the benefits systemSpending	raises £240m+£240m	109
48	Welfare Reform: Remove benefit entitlements from serious offenders hospitalised in Great Britain from 6 April 2027Spending	raises £5m+£5m	110
49	Distributions: Modernise the distributions framework from 6 April 2028Tax	raises £785m+£785m	110
50	Advance Corporation Tax (ACT): Abolish Advance Corporation Tax from 1 April 2031Tax	raises £15m+£15m	110
51	Cross-Border Services: Restrict the reverse charge on supplies of services from overseas to VAT-registered businesses from 1 April 2027Tax	raises £75m+£75m	110
52	Pension Tax Allowance: Remove the income tax liability for pensioners with total income up to the value of the new State Pension from 6 April 2027 until 5 April 2030Tax	costs £15m−£15m	110
53	Pensions Tax: Remove the two-year rule for taxation of pension and lump sum death benefits from 28 October 2026Tax	costs £15m−£15m	110
54	Modernising Taxation of Foreign Sovereign Investments: Introduce a new statutory regime for the direct taxation of foreign sovereigns from 1 January 2029Tax	raises £655m+£655m	110

Making fair choices on revenue raising

Making fair choices on revenue raising: each line, what it does in 2031-32, and its page
Line	Measure	2031-32	Page
55	Bank Surcharge: Temporarily increase the Bank Corporation Tax Surcharge rate from 3% to 6%, to fund breathing space measures for households, for 15 months from 1 January 2027Tax	no effect£0m	110
56	Machine Games Duty: Increase the rate from 20% to 25% for higher stake machines from 1 April 2027 and move duty liability to the machine supplier from 1 April 2028Tax	raises £145m+£145m	110
57	Business Rates: Remove reliefs for vape shops and Adult Gaming Centres from 1 April 2027Tax	raises £10m+£10m	110
58	Writing-down Allowances: Reduce the main rate writing-down allowance to 12% from April 2027 and increase the main rate first-year allowance to 50% from 1 January 2027Tax	raises £1.1bn+£1,120m	110
59	Private Hire Vehicle Operators: Deem larger operators with annual fare turnover over £50 million liable for VAT on the full value of their fares from 2 January 2028Tax	raises £425m+£425m	111
60	Business Asset Disposal Relief (BADR): Reduce the lifetime limit to £500,000 from 6 April 2027Tax	raises £305m+£305m	111
61	Property Income: Increase tax rates on property income by 2ppts at the basic, higher and additional rate from 6 April 2027Tax	raises £455m+£455m	111
62	Savings Income: Increase tax rates on savings income by 2ppts at the basic, higher and additional rate from 6 April 2027Tax	raises £590m+£590m	111

Transforming the Civil Service

Transforming the Civil Service: each line, what it does in 2031-32, and its page
Line	Measure	2031-32	Page
63	Future Civil Service: Reduce administration budgets by 20% by 2029-30 compared to 16% reduction in Spending Review 2025 plansSpending	raises £635m+£635m	111
64	Future Civil Service: Reinvest part of the administration budget savings in a new AI Fund to reduce administration burdens and improve outcomesSpending	no effect£0m	111

Pre-announced breathing space measures and associated funding

Pre-announced breathing space measures and associated funding: each line, what it does in 2031-32, and its page
Line	Measure	2031-32	Page
65	Heavy Goods Vehicles: Reduce Vehicle Excise Duty to £1 for 12 months from 1 July 2026Tax	no effect£0m	111
66	Great British Summer Savings Scheme: Reduce VAT to 5% on family days out from 25 June 2026 to 1 September 2026Tax	no effect£0m	111
67	Bus Travel: Fund free bus travel for children aged 5 to 15 in England from 1 August 2026 until 31 August 2026Spending	no effect£0m	111
68	Corporation Tax: Make the foreign permanent establishment exemption mandatory, preventing their losses from reducing UK corporation tax receipts for accounting periods beginning on or after 1 January 2027Tax	raises £470m+£470m	111
69	Electricity Generator Levy: Increase the rate from 45% to 55% until 31 March 2028Tax	no effect£0m	111

Pre-announced growth measures

Pre-announced growth measures: each line, what it does in 2031-32, and its page
Line	Measure	2031-32	Page
70	Industrial Electricity: Fund the British Industrial Competitiveness Scheme starting from 1 April 2027, including a backdated payment for eligible businessesSpending	costs £465m−£465m	112
71	Carbon Price Support (CPS): Remove the CPS rates to reduce energy bills from 1 April 2028Tax	costs £10m−£10m	112
72	Spring 2026 Youth Employment and Skills Package: Expand Youth Guarantee and apprenticeship supportSpending	no effect£0m	112
73	Skills: Re-establish the Union Learning Fund in EnglandSpending	no effect£0m	112
74	Investment for Growth: Support strategic technologies, local growth and key industriesSpending	costs £535m−£535m	112
75	British Business Bank: Expand the Growth Guarantee Scheme to support £6.5 billion of additional SME lending across this ParliamentSpending	costs £155m−£155m	112
76	Leeds City Fund: Establish the Leeds City Fund with 100% retention of business rates growthTax	costs £30m−£30m	112
77	UK-India: Bring into force the Comprehensive Economic and Trade Agreement and Double Contributions Convention from 15 July 2026Tax	costs £400m−£400m	112
78	Steel Tariff: Change tariff rate and quotas on imported steel from 1 July 2026Tax	raises £115m+£115m	112
79	Stamp Taxes on Shares: Replace Stamp Duty and Stamp Duty Reserve Tax with the Securities Transfer Tax from late 2027Tax	costs £30m−£30m	112
80	Business Rates: Introduce 100% relief for eligible Electric Vehicle Charging Points (EVCPs) and electric vehicle-only forecourts for ten years from 1 April 2026Tax	costs £15m−£15m	112

Priority Public Services Funding

Priority Public Services Funding: each line, what it does in 2031-32, and its page
Line	Measure	2031-32	Page
81	Tackling Misogyny: Invest in grassroots misogyny prevention programmesSpending	no effect£0m	112
82	Infected Blood Compensation Scheme: Implement the Inquiry’s Additional Report recommendations from 24 July 2026Spending	no effect£0m	112
83	Student Loans: Cap interest rates for Plan 2 and Plan 3 student loans at 6% from 1 September 2026 to 31 August 2027Spending	costs £15m−£15m	113
84	Waste Crime: Fund Landfill Tax costs for six priority illegal waste site clearances until 31 March 2029 and a three-year pilot to fund Local Authorities’ Landfill Tax liabilities arising from illegal waste site clearances from 2027Spending	no effect£0m	113
85	Further Priorities: Fund key priorities, including pressures facing the NHS and delivery of the Violence against Women and Girls StrategySpending	costs £15m−£15m	113

Other measures

Other measures: each line, what it does in 2031-32, and its page
Line	Measure	2031-32	Page
86	Company Car Tax: Set the Benefit-in-Kind rates (appropriate percentages) for electric vehicles, hybrids and internal combustion engine vehicles for 2030-31Tax	raises £345m+£345m	113
87	Supported Housing: Introduce a licensing regime to enforce national standards for supported housing from 2027‑28Spending	costs £30m−£30m	113
88	Donated Medicines: Introduce a zero rate of VAT for the donation of medicines under qualifying circumstances from 23 June 2026Tax	costs £25m−£25m	113
89	Temporary Staffing: Amend Group 7 of Schedule 9 to the VAT Act 1994 to restore the tax treatment of medical deputies to its previously intended positionTax	raises £105m+£105m	113
90	Landfill Communities Fund: Increase the Landfill Tax credit cap from 1 April 2027Tax	costs £15m−£15m	113
91	Higher Education: Introduce registration requirements for franchise providers with 300 or more students from 1 September 2028, to strengthen quality and oversight of franchised provisionSpending	raises £225m+£225m	113
92	Local Authority Spending: Impact of adjustments to high needs budget on local authority spendingSpending	no effect£0m	113
93	High Value Council Tax Surcharge: Confirm eligibility for deferrals, discounts and exemptions from 1 April 2028Tax	costs £50m−£50m	113
94	Benefits in Kind (BiKs): Delay mandatory payrolling of company cars, vans, fuel and medical benefits from 6 April 2026 to 6 April 2027, with remaining BiKs implemented from 6 April 2028Tax	costs £5m−£5m	114
95	Low Value Imports: Remove the £135 customs duty relief and introduce new customs arrangements from October 2028Tax	costs £15m−£15m	114
96	Emissions Trading Scheme (ETS): Delay the inclusion of energy from waste in the ETSTax	costs £440m−£440m	114
97	Corporation Tax: Spread the one-off impact of revenue recognition changes for qualifying gas distribution activities over five years for accounting periods ending on or after 31 December 2026Tax	no effect£0m	114
98	International Investors: Relieve double taxation for UK investors in US Limited Liability Companies and similar entities from early 2028Tax	costs £5m−£5m	114

The Treasury's totals

The totals at the foot of the table, for 2031-32
Total policy decisionsAll the measures	+£7,350m	114
Total spending policy decisionsSpending	+£380m	114
Total tax policy decisionsTax	+£6,970m	114

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 2026 policy decisions, £ million, 2026-27 to 2031-32
Line	Measure	2026-27	2027-28	2028-29	2029-30	2030-31	2031-32	Page
1	Household Energy Payment: £100 council tax rebate for bands A-D from January 2027	−£2,625m	£0m	£0m	£0m	£0m	£0m	105
2	Support for Energy Bills: Cut VAT on domestic electricity from 5% to 0% from 1 October 2026 to 1 July 2027	−£755m	−£305m	£0m	£0m	£0m	£0m	105
3	Fuel Duty: Extend the temporary 5p-per-litre duty cut and defer the planned Retail Prices Index (RPI) increase to 1 July 2027	−£575m	−£780m	£0m	£0m	£0m	£0m	105
4	Bus Fares: Cap single bus fares at £2 in England outside London for one year from 1 January 2027, funded by reprioritising DESNZ budgets	−£50m	−£180m	+£65m	+£170m	£0m	£0m	106
5	Mileage Rates: Increase the tax-free and tax-deductible car and van rates to 55p for the first 10,000 business miles from 6 April 2026 and the higher mileage rate to 35p from 6 April 2027	−£30m	−£200m	−£220m	−£225m	−£235m	−£245m	106
6	Parental Pay: Establish a Parental Allowance for fathers, partners and adopters in Great Britain from April 2029	£0m	£0m	£0m	−£70m	−£70m	−£70m	106
7	Carer’s Allowance: Introduce a taper on earnings above the Weekly Earning Limit within 2030-31	£0m	£0m	£0m	£0m	−£40m	−£80m	106
8	Universal Credit: Extend the £2,500 surplus earnings threshold for one year from 1 April 2027	£0m	−£140m	£0m	£0m	£0m	£0m	106
9	Early Years: Fund increased access to books for children aged 0 to 5	−£5m	−£5m	−£5m	£0m	£0m	£0m	106
10	Tariff Suspension Packages: Suspend tariffs on 135 food products from 21 June 2026 until 31 December 2028; 101 food products and kerosene for heating oil from 26 November 2026 until 31 December 2028; and fertiliser from 26 November 2026 until 31 December 2027	−£50m	−£75m	−£55m	£0m	£0m	£0m	106
11	Cash ISAs: Maintain the cash ISA limit at £20,000 from 6 April 2027	£0m	−£5m	−£20m	−£35m	−£50m	−£70m	106
12	Business Rates: Increase business rates relief for pubs, social clubs and live music venues by 20ppts to 35% from 1 April 2027	+£5m	−£160m	−£115m	−£5m	−£5m	−£5m	106
13	Business Rates: Increase valuation thresholds for Small Business Rate Relief for retail, hospitality and leisure (RHL) properties from £12,000 to £18,000 for 100% relief and from £15,000 to £21,000 for tapered relief from 1 April 2027	+£5m	−£315m	−£320m	£0m	−£5m	−£5m	106
14	Business Rates: Introduce a transitional support package, including a two-year real terms bills freeze for RHL businesses and a one-year extension of the 2023 Supporting Small Business support, part funded by extending the Transitional Relief Supplement for two years from 1 April 2027	£0m	−£10m	−£230m	£0m	£0m	£0m	107
15	Trading Allowance: Increase the Income Tax Trading Allowance to £3,000 from £1,000 from 6 April 2027	£0m	£0m	−£225m	−£165m	−£175m	−£180m	107
16	Business Tariff Suspensions: Suspend tariffs on 72 products from 5 August 2026 and extend suspensions for 361 products in 2027-28	−£65m	−£215m	−£155m	£0m	£0m	£0m	107
17	Climate Change Levy: Freeze electricity & liquefied petroleum gas main rates, and uprate gas and solid fuels main rates by RPI from 1 April 2028	£0m	£0m	−£25m	−£25m	−£25m	−£25m	107
18	Red Diesel: Reduce duty rates by 3.7p-per-litre from 15 June 2026 to 1 July 2027	−£60m	−£30m	£0m	£0m	£0m	£0m	107
19	Alcohol Duty: Increase the generosity of Small Producer Relief from 1 February 2027	£0m	−£10m	−£10m	−£10m	−£10m	−£10m	107
20	Good Growth Funds: Seed funding for Mayors and local leaders in England and £1.5bn finance for Mayoral Strategic Authorities with a mechanism for subsidised lending (resource impacts of subsidy)	£0m	−£340m	−£30m	−£35m	−£55m	−£60m	107
21	Business Rates Retention: Devolve a share of business rates income and growth to Mayoral Strategic Authorities from April 2027	£0m	−£10m	−£45m	−£75m	−£110m	−£140m	107
22	Youth Employment and Skills: Expand local apprenticeship services to all current mayors	£0m	−£50m	−£70m	£0m	£0m	£0m	107
23	Regional Growth: Fund priority investments and local growth & regeneration projects across the UK	−£20m	−£85m	−£45m	−£30m	£0m	£0m	107
24	Cambridge Development Corporation: Pilot a new government financing model for land, housing and infrastructure development from April 2027 (capital grant element)	£0m	£0m	−£50m	−£60m	£0m	£0m	107
25	Strategic Authorities: Increase funding to build capacity to deliver new powers and investment responsibilities	£0m	−£180m	£0m	£0m	£0m	£0m	108
26	Founders’ Relief: Introduce a new CGT relief for qualifying founders of high-growth, innovative companies from 6 April 2027	£0m	−£260m	−£180m	−£260m	−£285m	−£300m	108
27	R&D Tax Reliefs: Remove the Claim Notification Form from 1 April 2027 and simplify the Additional Information Form from Autumn 2027	£0m	−£45m	−£60m	−£65m	−£65m	−£70m	108
28	Enterprise Management Incentives 2 (EMI2): Increase the individual option limit to £120,000, extending the exercise period to 15 years and remove interaction with EMI option limit from 6 April 2027	£0m	−£25m	−£35m	−£45m	−£145m	−£140m	108
29	Backing Innovation: Bring forward £1bn investment and increase financial capacity by £2bn for the British Business Bank to support additional investment in the UK (resource impacts of increased lending)	£0m	+£5m	£0m	+£5m	+£10m	+£25m	108
30	National Wealth Fund: Invest additional capital to support growth, including £2bn for the new Energy Wealth Fund (resource impacts of increased lending)	£0m	£0m	+£35m	+£120m	+£250m	+£470m	108
31	Artificial Intelligence: Strengthen the UK’s AI security, accelerate adoption across the economy, and support strategically important UK AI capabilities	−£35m	−£115m	−£185m	−£145m	−£5m	−£5m	108
32	EV Charging: Reduce the cost of using local, lower-powered public chargers in Great Britain	£0m	−£50m	−£50m	£0m	£0m	£0m	108
33	Rough Sleeping: Invest in a route off the streets across the Parliament, alongside longer-term accommodation and intensive support	−£175m	−£515m	−£580m	−£85m	−£90m	−£95m	108
34	Rough Sleeping: Reprioritise existing MHCLG budgets to tackle rough sleeping	+£120m	+£405m	£0m	£0m	£0m	£0m	108
35	Social and Affordable Homes Programme: Fund delivery of around 10,000 social and affordable homes	£0m	−£250m	−£500m	−£500m	−£500m	£0m	108
36	Social Housing: Introduce a zero rate of VAT for land sold to registered social housing providers (relevant housing associations) from 1 April 2027	£0m	−£15m	−£15m	−£15m	−£15m	−£15m	109
37	Your First Home: Introduce a new equity loan scheme to support around 70,000 first-time buyers from April 2027 (net income from developer fees)	−£15m	+£50m	+£95m	+£95m	+£95m	+£95m	109
38	First Time Buyer ISA: Introduce a new ISA for first-time buyers, replacing the Lifetime ISA for new savers from 6 April 2029	£0m	£0m	£0m	+£110m	+£110m	+£235m	109
39	Lifetime ISA: Reduce the withdrawal charge from 25% to 20% for first-time buyers purchasing properties above the £450,000 price cap from 29 October 2026	−£15m	−£20m	−£20m	−£25m	−£25m	−£25m	109
40	Defence Investment Plan (DIP): Commitment to further savings made at announcement on 30 June 2026	−£1,755m	−£1,090m	−£1,010m	−£905m	−£940m	−£970m	109
41	Defence Investment Plan: Reallocate capital spending to fully fund the Defence Investment Plan	+£145m	+£2,135m	+£1,420m	+£1,100m	+£1,135m	+£1,180m	109
42	Defence: Reinvest defence and security administration savings into frontline defence and national security	£0m	−£25m	−£70m	−£95m	£0m	£0m	109
43	Ukraine: Emergency winter support for air defence	−£500m	£0m	£0m	£0m	£0m	£0m	109
44	UK Export Finance: Increase capacity to support UK defence exports from June 2026 (increased income from additional activity)	£0m	+£200m	+£200m	+£200m	+£200m	£0m	109
45	HMRC: Measures to close the tax gap	+£10m	+£100m	+£115m	+£1,980m	+£2,485m	+£3,160m	109
46	Online Marketplace Liability: Extend to UK businesses with a minimum annual sales threshold per platform of £90,000 from 1 October 2027	£0m	+£165m	+£320m	+£270m	+£250m	+£265m	109
47	DWP Fraud and Error: Expand use of data and targeted controls to prevent fraud from entering the benefits system	+£195m	−£125m	+£60m	+£75m	+£155m	+£240m	109
48	Welfare Reform: Remove benefit entitlements from serious offenders hospitalised in Great Britain from 6 April 2027	£0m	+£5m	+£5m	+£5m	+£5m	+£5m	110
49	Distributions: Modernise the distributions framework from 6 April 2028	£0m	£0m	+£55m	+£800m	+£775m	+£785m	110
50	Advance Corporation Tax (ACT): Abolish Advance Corporation Tax from 1 April 2031	£0m	£0m	£0m	£0m	+£5m	+£15m	110
51	Cross-Border Services: Restrict the reverse charge on supplies of services from overseas to VAT-registered businesses from 1 April 2027	£0m	+£70m	+£75m	+£75m	+£75m	+£75m	110
52	Pension Tax Allowance: Remove the income tax liability for pensioners with total income up to the value of the new State Pension from 6 April 2027 until 5 April 2030	£0m	−£45m	−£90m	−£150m	+£50m	−£15m	110
53	Pensions Tax: Remove the two-year rule for taxation of pension and lump sum death benefits from 28 October 2026	−£5m	−£15m	−£15m	−£15m	−£15m	−£15m	110
54	Modernising Taxation of Foreign Sovereign Investments: Introduce a new statutory regime for the direct taxation of foreign sovereigns from 1 January 2029	£0m	+£110m	+£495m	+£690m	+£675m	+£655m	110
55	Bank Surcharge: Temporarily increase the Bank Corporation Tax Surcharge rate from 3% to 6%, to fund breathing space measures for households, for 15 months from 1 January 2027	+£305m	+£950m	+£220m	£0m	£0m	£0m	110
56	Machine Games Duty: Increase the rate from 20% to 25% for higher stake machines from 1 April 2027 and move duty liability to the machine supplier from 1 April 2028	£0m	+£135m	+£150m	+£145m	+£145m	+£145m	110
57	Business Rates: Remove reliefs for vape shops and Adult Gaming Centres from 1 April 2027	£0m	+£10m	+£10m	+£10m	+£10m	+£10m	110
58	Writing-down Allowances: Reduce the main rate writing-down allowance to 12% from April 2027 and increase the main rate first-year allowance to 50% from 1 January 2027	+£125m	+£765m	+£1,040m	+£1,075m	+£1,100m	+£1,120m	110
59	Private Hire Vehicle Operators: Deem larger operators with annual fare turnover over £50 million liable for VAT on the full value of their fares from 2 January 2028	£0m	+£95m	+£385m	+£395m	+£410m	+£425m	111
60	Business Asset Disposal Relief (BADR): Reduce the lifetime limit to £500,000 from 6 April 2027	+£5m	+£60m	+£180m	+£255m	+£280m	+£305m	111
61	Property Income: Increase tax rates on property income by 2ppts at the basic, higher and additional rate from 6 April 2027	£0m	+£35m	+£575m	+£435m	+£445m	+£455m	111
62	Savings Income: Increase tax rates on savings income by 2ppts at the basic, higher and additional rate from 6 April 2027	+£15m	+£125m	+£555m	+£520m	+£555m	+£590m	111
63	Future Civil Service: Reduce administration budgets by 20% by 2029-30 compared to 16% reduction in Spending Review 2025 plans	£0m	+£185m	+£405m	+£595m	+£615m	+£635m	111
64	Future Civil Service: Reinvest part of the administration budget savings in a new AI Fund to reduce administration burdens and improve outcomes	£0m	−£25m	−£25m	£0m	£0m	£0m	111
65	Heavy Goods Vehicles: Reduce Vehicle Excise Duty to £1 for 12 months from 1 July 2026	−£135m	−£50m	£0m	£0m	£0m	£0m	111
66	Great British Summer Savings Scheme: Reduce VAT to 5% on family days out from 25 June 2026 to 1 September 2026	−£310m	£0m	£0m	£0m	£0m	£0m	111
67	Bus Travel: Fund free bus travel for children aged 5 to 15 in England from 1 August 2026 until 31 August 2026	−£145m	£0m	£0m	£0m	£0m	£0m	111
68	Corporation Tax: Make the foreign permanent establishment exemption mandatory, preventing their losses from reducing UK corporation tax receipts for accounting periods beginning on or after 1 January 2027	+£120m	+£480m	+£495m	+£450m	+£460m	+£470m	111
69	Electricity Generator Levy: Increase the rate from 45% to 55% until 31 March 2028	+£60m	+£35m	£0m	£0m	£0m	£0m	111
70	Industrial Electricity: Fund the British Industrial Competitiveness Scheme starting from 1 April 2027, including a backdated payment for eligible businesses	£0m	−£1,235m	−£65m	−£135m	−£420m	−£465m	112
71	Carbon Price Support (CPS): Remove the CPS rates to reduce energy bills from 1 April 2028	£0m	£0m	−£165m	−£45m	−£15m	−£10m	112
72	Spring 2026 Youth Employment and Skills Package: Expand Youth Guarantee and apprenticeship support	£0m	−£290m	−£375m	£0m	£0m	£0m	112
73	Skills: Re-establish the Union Learning Fund in England	£0m	−£20m	−£20m	£0m	£0m	£0m	112
74	Investment for Growth: Support strategic technologies, local growth and key industries	−£155m	−£460m	−£530m	−£330m	−£355m	−£535m	112
75	British Business Bank: Expand the Growth Guarantee Scheme to support £6.5 billion of additional SME lending across this Parliament	−£105m	−£145m	−£180m	−£170m	−£160m	−£155m	112
76	Leeds City Fund: Establish the Leeds City Fund with 100% retention of business rates growth	£0m	£0m	−£25m	−£25m	−£25m	−£30m	112
77	UK-India: Bring into force the Comprehensive Economic and Trade Agreement and Double Contributions Convention from 15 July 2026	−£175m	−£285m	−£330m	−£360m	−£385m	−£400m	112
78	Steel Tariff: Change tariff rate and quotas on imported steel from 1 July 2026	+£85m	+£110m	+£120m	+£120m	+£120m	+£115m	112
79	Stamp Taxes on Shares: Replace Stamp Duty and Stamp Duty Reserve Tax with the Securities Transfer Tax from late 2027	£0m	−£15m	−£30m	−£30m	−£30m	−£30m	112
80	Business Rates: Introduce 100% relief for eligible Electric Vehicle Charging Points (EVCPs) and electric vehicle-only forecourts for ten years from 1 April 2026	£0m	−£15m	−£5m	−£10m	−£15m	−£15m	112
81	Tackling Misogyny: Invest in grassroots misogyny prevention programmes	−£5m	−£5m	−£5m	£0m	£0m	£0m	112
82	Infected Blood Compensation Scheme: Implement the Inquiry’s Additional Report recommendations from 24 July 2026	−£360m	−£355m	−£265m	−£90m	−£75m	£0m	112
83	Student Loans: Cap interest rates for Plan 2 and Plan 3 student loans at 6% from 1 September 2026 to 31 August 2027	−£230m	−£170m	−£10m	−£10m	−£5m	−£15m	113
84	Waste Crime: Fund Landfill Tax costs for six priority illegal waste site clearances until 31 March 2029 and a three-year pilot to fund Local Authorities’ Landfill Tax liabilities arising from illegal waste site clearances from 2027	£0m	−£5m	−£5m	−£5m	£0m	£0m	113
85	Further Priorities: Fund key priorities, including pressures facing the NHS and delivery of the Violence against Women and Girls Strategy	−£355m	−£175m	−£140m	−£5m	£0m	−£15m	113
86	Company Car Tax: Set the Benefit-in-Kind rates (appropriate percentages) for electric vehicles, hybrids and internal combustion engine vehicles for 2030-31	£0m	£0m	£0m	£0m	+£310m	+£345m	113
87	Supported Housing: Introduce a licensing regime to enforce national standards for supported housing from 2027‑28	£0m	−£55m	−£70m	−£30m	−£30m	−£30m	113
88	Donated Medicines: Introduce a zero rate of VAT for the donation of medicines under qualifying circumstances from 23 June 2026	−£15m	−£20m	−£20m	−£25m	−£25m	−£25m	113
89	Temporary Staffing: Amend Group 7 of Schedule 9 to the VAT Act 1994 to restore the tax treatment of medical deputies to its previously intended position	£0m	+£85m	+£95m	+£100m	+£100m	+£105m	113
90	Landfill Communities Fund: Increase the Landfill Tax credit cap from 1 April 2027	£0m	−£10m	−£15m	−£15m	−£15m	−£15m	113
91	Higher Education: Introduce registration requirements for franchise providers with 300 or more students from 1 September 2028, to strengthen quality and oversight of franchised provision	+£30m	+£70m	+£200m	+£220m	+£200m	+£225m	113
92	Local Authority Spending: Impact of adjustments to high needs budget on local authority spending	+£105m	+£140m	£0m	£0m	£0m	£0m	113
93	High Value Council Tax Surcharge: Confirm eligibility for deferrals, discounts and exemptions from 1 April 2028	−£5m	−£5m	−£45m	−£45m	−£50m	−£50m	113
94	Benefits in Kind (BiKs): Delay mandatory payrolling of company cars, vans, fuel and medical benefits from 6 April 2026 to 6 April 2027, with remaining BiKs implemented from 6 April 2028	−£30m	−£5m	£0m	£0m	−£5m	−£5m	114
95	Low Value Imports: Remove the £135 customs duty relief and introduce new customs arrangements from October 2028	£0m	£0m	+£215m	£0m	−£10m	−£15m	114
96	Emissions Trading Scheme (ETS): Delay the inclusion of energy from waste in the ETS	£0m	£0m	−£125m	−£490m	−£450m	−£440m	114
97	Corporation Tax: Spread the one-off impact of revenue recognition changes for qualifying gas distribution activities over five years for accounting periods ending on or after 31 December 2026	−£160m	+£40m	+£40m	+£40m	+£40m	£0m	114
98	International Investors: Relieve double taxation for UK investors in US Limited Liability Companies and similar entities from early 2028	£0m	£0m	−£5m	−£10m	−£5m	−£5m	114
	Total policy decisions	−£7,595m	−£2,475m	+£730m	+£5,190m	+£6,135m	+£7,350m	114
	Total spending policy decisions	−£5,950m	−£3,170m	−£2,135m	−£355m	−£360m	+£380m	114
	Total tax policy decisions	−£1,645m	+£695m	+£2,865m	+£5,550m	+£6,495m	+£6,970m	114
	The 98 lines added up (this site)	−£7,590m	−£2,470m	+£740m	+£5,185m	+£6,125m	+£7,355m
	Treasury total minus the lines: rounding	−£5m	−£5m	−£10m	+£5m	+£10m	−£5m

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 98 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 10 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.

Where the Treasury's two versions differ

Every figure is the same in both. These lines differ in wording or in whether they are marked tax or spending; a person checked each in the printed document, and this page follows the printed document.

Line 2: The spreadsheet has an internal column ("Fiscal Head check (hide)") next to the name, read as part of it; the printed wording and the figures are the same. The copy reads: “Support for Energy Bills: Cut VAT on domestic electricity from 5% to 0% from 1 October 2026 to 1 July 2027 SUBTOTAL”
Line 3: The spreadsheet has an internal column ("Fiscal Head check (hide)") next to the name, read as part of it; the printed wording and the figures are the same. The copy reads: “Fuel Duty: Extend the temporary 5p-per-litre duty cut and defer the planned Retail Prices Index (RPI) increase to 1 July 2027 SUBTOTAL”
Line 9: The spreadsheet has an internal column ("Fiscal Head check (hide)") next to the name, read as part of it; the printed wording and the figures are the same. The copy reads: “Early Years: Fund increased access to books for children aged 0 to 5 RDEL”
Line 16: The spreadsheet has an internal column ("Fiscal Head check (hide)") next to the name, read as part of it; the printed wording and the figures are the same. The copy reads: “Business Tariff Suspensions: Suspend tariffs on 72 products from 5 August 2026 and extend suspensions for 361 products in 2027-28 SUBTOTAL”
Line 18: The spreadsheet has an internal column ("Fiscal Head check (hide)") next to the name, read as part of it; the printed wording and the figures are the same. The copy reads: “Red Diesel: Reduce duty rates by 3.7p-per-litre from 15 June 2026 to 1 July 2027 SUBTOTAL”
Line 23: The spreadsheet has an internal column ("Fiscal Head check (hide)") next to the name, read as part of it; the printed wording and the figures are the same. The copy reads: “Regional Growth: Fund priority investments and local growth & regeneration projects across the UK SUBTOTAL”
Line 33: The spreadsheet has an internal column ("Fiscal Head check (hide)") next to the name, read as part of it; the printed wording and the figures are the same. The copy reads: “Rough Sleeping: Invest in a route off the streets across the Parliament, alongside longer-term accommodation and intensive support SUBTOTAL”
Line 34: The spreadsheet has an internal column ("Fiscal Head check (hide)") next to the name, read as part of it; the printed wording and the figures are the same. The copy reads: “Rough Sleeping: Reprioritise existing MHCLG budgets to tackle rough sleeping SUBTOTAL”
Line 41: The spreadsheet has an internal column ("Fiscal Head check (hide)") next to the name, read as part of it; the printed wording and the figures are the same. The copy reads: “Defence Investment Plan: Reallocate capital spending to fully fund the Defence Investment Plan SUBTOTAL”
Line 43: The spreadsheet has an internal column ("Fiscal Head check (hide)") next to the name, read as part of it; the printed wording and the figures are the same. The copy reads: “Ukraine: Emergency winter support for air defence TDEL”
Line 57: The spreadsheet has an internal column ("Fiscal Head check (hide)") next to the name, read as part of it; the printed wording and the figures are the same. The copy reads: “Business Rates: Remove reliefs for vape shops and Adult Gaming Centres from 1 April 2027 Tax/TME”
Line 67: The spreadsheet writes "aged 5-15" where the printed table has "aged 5 to 15", and adds its internal "Fiscal Head check" column; the figures are the same. The copy reads: “Bus Travel: Fund free bus travel for children aged 5-15 in England from 1 August 2026 until 31 August 2026 RDEL”
Line 73: The spreadsheet has an internal column ("Fiscal Head check (hide)") next to the name, read as part of it; the printed wording and the figures are the same. The copy reads: “Skills: Re-establish the Union Learning Fund in England RDEL”
Line 76: The spreadsheet has an internal column ("Fiscal Head check (hide)") next to the name, read as part of it; the printed wording and the figures are the same. The copy reads: “Leeds City Fund: Establish the Leeds City Fund with 100% retention of business rates growth Tax/TME”
Line 77: The spreadsheet has an internal column ("Fiscal Head check (hide)") next to the name, read as part of it; the printed wording and the figures are the same. The copy reads: “UK-India: Bring into force the Comprehensive Economic and Trade Agreement and Double Contributions Convention from 15 July 2026 SUBTOTAL”
Line 81: The spreadsheet has an internal column ("Fiscal Head check (hide)") next to the name, read as part of it; the printed wording and the figures are the same. The copy reads: “Tackling Misogyny: Invest in grassroots misogyny prevention programmes RDEL”
Line 83: The spreadsheet has an internal column ("Fiscal Head check (hide)") next to the name, read as part of it; the printed wording and the figures are the same. The copy reads: “Student Loans: Cap interest rates for Plan 2 and Plan 3 student loans at 6% from 1 September 2026 to 31 August 2027 Tax/TME”

The Treasury's notes to the table

1 Costings reflect the OBR’s latest economic and fiscal determinants. Totals may not sum due to rounding.
2 Measures with no net increase to borrowing are not included, these are debt relief for councils in severe financial distress through the Public Works Loan Board and a landlord registration fee for the Private Rented Sector. AME and tax costings with an impact of less than +-£10 million in every year are not included.
3 Many measures have both tax and spend impacts. Measures are identified as tax or spend on the basis of their largest impact.
4 Full costings for the measures in this package are set out in the Budget 2026 Policy Costings document.

Source: HM Treasury, Budget 2026 (HC 726), published 28 Oct 2026, OGL v3.

Other fiscal events:Autumn Budget 2025 Spring Statement 2025 Autumn Budget 2024

What Autumn Budget 2026 could do to the government's promises

Summary