The Autumn Budget 2026: Considerations for Internationally Connected Persons

The UK Autumn Budget will take place on 28 October 2026, with potential changes to taxation, spending and economic policy. For internationally connected individuals and families, the Budget will be important not only for any new announcements, but also in the context of changes already scheduled to take effect over the coming years.

Of particular relevance is the planned inclusion of unused pension pots within an individual’s estate for UK inheritance tax purposes from 2027/28. For those with family members, beneficiaries or assets across multiple jurisdictions, this may add another consideration to existing succession and estate-planning arrangements.

Changes to the taxation of savings are also approaching. From 2027/28, tax rates applying to savings income are due to increase by two percentage points, while income tax thresholds are expected to remain frozen until 2030/31. Internationally connected individuals with continuing UK tax exposure may therefore wish to consider these developments as part of their wider investment and tax planning.

UK property remains another area to watch. Tax rates on rental profits are scheduled to increase by two percentage points from April 2027, potentially affecting non-UK resident based individuals who retain UK investment property.

For internationally connected persons, changes in one jurisdiction can have consequences across several others. Ahead of the Budget, this is an opportune time to review UK exposure alongside wider cross-border investment, pension, property and estate-planning arrangements.

Individual circumstances and applicable tax treatment vary by jurisdiction. Appropriate professional tax and legal advice should be obtained.