Hi
Yesterday’s Budget confirmed something that’s been building for a while:
the average UK
taxpayer now pays 38% of their income in tax.
That puts the UK below France and Germany, but well above Canada and the US. And with frozen thresholds, rising dividend and savings rates, NI changes, reduced allowances, and new pension limits coming in, we’re now firmly in a high-tax decade.
The message is simple: don’t expect the tax system to get easier or cheaper; plan for the opposite.
To help you make sense of it all, I’ve put together a one-page guide covering the five Budget changes that matter most, what the 38% average effective rate means in practice, actions to take before 5 April, and what you need to prepare for between
now and 2029.
You can download it here.
If you’d like to review your profit extraction strategy, pension setup, investment structure, or overall tax position, just reply to this email and we’ll book a video call.
With the tax system shifting this fast, a quick review now can save a lot of pain
later.