Am I better off after the Budget?
Answer five quick questions to see roughly how the Budget on 28 October 2026 changes your money over the next year, and what changes from 2027. Income tax and employee National Insurance rates did not change, so this looks at the measures that did.
Over the next year you're roughly
From 2027
A rough estimate for one household, comparing the Budget with what would have happened without these measures. Fuel uses a car doing about 45 miles a gallon. Savings interest assumes 4%. Minimum wage figures are after basic rate tax and National Insurance. Sources: the Budget speech and HM Treasury figures, 28 October 2026.
Could you have done better?
Set the whole Budget yourself, with every tax and department, and see how many of the Chancellor's big calls you match.
Set my Budget, freeWhat this counts
£100 energy payment: homes in council tax bands A to D, about 20 million, get £100 this winter. No VAT on electricity: extended through the winter and spring to July, which the Treasury says takes about £50 off the annual price cap. Fuel duty: the 5p cut is kept until July. National Living Wage: up 3.9% to £13.21 an hour.
From 2027: standing charges come off gas bills and move onto the unit rate, which the Treasury says saves about 60% of households around £45 a year. Higher users can pay more. Tax on savings and property income goes up by 2 percentage points from April 2027. From April 2030 the state pension rises with inflation or 2.5%, no longer with earnings.
Not counted: income tax, National Insurance and VAT rates, which did not change, and the personal allowance and thresholds, which stay frozen. See all the Budget 2026 key points or your take-home pay in the Budget calculator.
Published 28 October 2026. Estimates only, not financial advice.