Independent News – Autumn 2025
A look at what we could expect from the upcoming budget – and much more besides.
Welcome to the latest issue of our magazine, which comes out just a couple of months before what could be a challenging budget.
Economists have warned that tax rises or spending cuts, or both, must be made if the chancellor is to meet her borrowing rules. This raises important questions about the policies being considered and who might face the greatest financial impact. From workers’ wages to pension contributions, many groups could be affected by these changes. Our article on page 07 looks at some of the chancellor’s options.
There have also been plenty of reports suggesting that officials are exploring further potential changes to Inheritance Tax (IHT) rules. Tightening gifting regulations is just one of the measures being considered to increase revenue and stabilise the country’s finances. Read the full article on page 08 to find out more.
The 2024 Autumn budget saw the government pull defined contribution pensions into the IHT net and introduce caps on business and agricultural relief. This year we could see more of the same, as the Treasury may not want to overlook the vast intergenerational wealth transfer from baby boomers. On page 03, we examine some efficient estate planning tools that can help tax mitigation.
Elsewhere, on page 09, we look at how you can pass on wealth through trusts, on page 04 we look at the benefits of SIPPs, and on page 10 we discuss why protection matters, to prepare for life’s uncertainties.
There’s a whole host of other articles in the magazine too, which we hope you find both interesting and useful. Click on the link below to read or download it.
As always, we are here to help and provide advice, so if you would like to discuss any of the matters raised, or if your circumstances have changed and you need some financial advice, please do not hesitate to contact us.
Download Independent News Autumn 2025