Since the start of the new financial year in April 2026, what should have been a 'reboot' for the economy and public finances has instead evolved into a silent but widespread upward trend in the tax burden.

Some Britons living in Dubai are reluctant to return to the UK amid concerns about regaining UK tax residency. At the same time, the government plans to raise the English language requirement for permanent settlement to A-Level standard from 2027. Meanwhile, HMRC has stepped up enforcement on large companies, recovering nearly £16 billion in unpaid taxes over the past three years.

On 26 November 2025, British Chancellor of the Exchequer Reeves announced the highly anticipated Autumn Budget. This Autumn Budget includes several tax measures aimed at businesses and individuals, covering areas such as venture capital, business rates, income tax thresholds, and high-value property taxes.