DiscoverIFS Zooms In: The EconomyTax changes in the Budget
Tax changes in the Budget

Tax changes in the Budget

Update: 2025-12-05
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As ever the big-picture choices in the Budget dominated media coverage - but some of the most interesting changes were buried in the detail. From electric vehicles to tourist tax, how much do these quieter tax shifts really matter?


In this episode, we dig into the lesser-noticed policies: why the government is offering upfront EV grants while planning a per-mile tax, how tweaks to salary sacrifice and cash ISAs could shape saving behaviour, and what the changes to EIS and EMI mean for investment and entrepreneurship.


Joining Helen are Stuart Adam and Ben Zaranko from the IFS to break down what’s changed, why it matters, and what the “devil in the detail” tells us about the government’s tax strategy.


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Find out more: https://ifs.org.uk/podcasts-explainers-and-calculators/podcasts


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Tax changes in the Budget

Tax changes in the Budget