What changed
| Measure | Detail | From |
|---|---|---|
| Property income rates | 24% / 44% / 49% (were due to be 22/42/47) | 6 April 2027 |
| Savings income rates | 24% / 44% / 49% | 6 April 2027 |
| Section 24 finance credit | Rises with the property basic rate to 24% | 6 April 2027 |
| Trading allowance | £1,000 → £3,000 (not the property allowance) | 6 April 2027 |
| Making Tax Digital | £30,000 threshold, first-year penalty easements end | 6 April 2027 |
| Self Assessment payments | Earlier payment timetable confirmed | April 2029 |
| High Value Council Tax Surcharge | Deferrals, discounts and exemptions confirmed | April 2028 |
What didn't change
- Income tax bands and Personal Allowance, frozen until April 2031.
- Dividend tax: 10.75% / 35.75% / 39.35%.
- CGT on property: 18% / 24%, with a £3,000 exemption.
- Stamp Duty rates and the 5% surcharge.
- The £1,000 property allowance and £7,500 Rent a Room relief.
What it costs a typical landlord
A higher-rate landlord with £20,000 of profit and £9,000 of interest pays £6,640 in 2027/28 against £6,200 now, an extra £440. Under last year's 22% plans it would have been £220. See our analysis of 66 scenarios or run your own figures.
Sources
- HM Treasury: Budget documents, 28 October 2026
- GOV.UK: Income Tax rates and allowances, current and past
- GOV.UK: Making Tax Digital for Income Tax
- GOV.UK: High Value Council Tax Surcharge
Sources last checked 9 November 2026. See all our sources and how we keep pages up to date.
This guide explains general rules for individual landlords in England, Wales and Northern Ireland. It isn't personal tax advice. Check GOV.UK or speak to a qualified adviser before you act.