Compared to previous years however, the 2026/27 tax year appears exceptionally unusual, involving systemic adjustments to sick pay, the taxation methods for benefits, and even the collection mechanisms for pensions and income tax. What exactly will happen? And how should one prepare for the future starting now?

Prime Minister says government 'will look at' scrapping two-child benefits limit; Labour plots ‘family bathtime tax’ on water bills; Reeves outlines plan for £25bn pension 'megafunds'.