The 2025 UK Budget is shaping up to be one of the most decisive moments for the future of pensions, taxation, and household finances.
With Chancellor Rachel Reeves delaying the Budget until 26th November, speculation is mounting that this is a tactical move—buying time for inflation to ease, interest rates to drop, and political spin to soften the blow.
But will it work? Or are we facing yet another brutal Budget packed with hidden tax grabs and stealth policies that hit savers, pensioners, and workers alike?
In this video, we break down the biggest proposed Budget changes that could impact YOU directly:
🔹 Pensions Under Pressure – Last year alone, over £70 billion was withdrawn from pension pots, with fears that the tax-free lump sum could be slashed to as little as £40,000. What does this mean for your retirement planning, and why are thousands rushing to take money early?
🔹 The Triple Lock Debate – The state pension rises again, beating inflation, but at a staggering cost of over £15 billion per year. With the basic pension heading towards £9,600 and the new state pension exceeding £12,500, is the triple lock sustainable, or will future taxpayers foot the bill?
🔹 Frozen Tax Thresholds – The so-called stealth tax strategy is already dragging millions into higher tax brackets without raising official rates. Experts warn this freeze could last until 2030, costing households billions more in lost income.
🔹 Pension Tax Relief Reform – At £78 billion a year, pension tax relief is a massive Treasury expense. The push for a flat 30% rate could save £8–10 billion, but will higher earners lose out, and is this really “fair” reform?
🔹 Capital Gains Tax (CGT) Cuts – The allowance has already been cut to just £3,000, the lowest in decades. Combined with rising rates (10% → 18% for some taxpayers), this means more people are paying CGT than ever before—and more cuts may be coming.
🔹 Council & Property Tax Reform – With outdated 1991 valuations, Council Tax is under scrutiny. Proposals include new levies on homes worth over £500,000 or even sliding-scale property taxes. Could this hit middle-class homeowners hardest?
At the core of all these debates lies one truth: the UK’s finances are in crisis.
With rising debt, stagnant growth, climbing welfare costs, and inflation eroding savings, the Government faces impossible choices. But make no mistake—whatever happens in the Autumn Budget 2025, it will directly affect your income, your pension, and your future.
Don’t just watch from the sidelines. Stay informed, protect your finances, and join the discussion.
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CHAPTERS
00:00 Introduction
02:06 Pension Tax-Free Cash Limits
03:39 Changes to the Triple Lock?
05:01 Raising tax revenue by stealth
06:25 Pension tax relief
07:12 CGT thresholds
08:04 Council tax and property tax
Credit to : Simon Says Money Matters