The two-child limit on Universal Credit's Child Element will be scrapped from April 2026, lifting 450,000 children out of poverty, though Child Benefit itself remains unlimited for all children.
The Budget 2025 introduces a £2,000 cap on salary sacrifice pension contributions from April 2029, with National Insurance applying to amounts above this threshold, affecting around a quarter of current users.
The UK Budget 2025 freezes income tax thresholds until 2031, introduces a £2,000 cap on NI-exempt salary sacrifice pension contributions from 2029, and provides £4.7 billion additional school funding, creating a mixed financial picture for teachers.
The UK Budget 2025 confirms NHS staff pay awards already announced in May, invests £300 million in technology to reduce administrative burdens, but also signals 18,000 administrative job losses through restructuring.
The UK Budget 2025 delivers a 4.8% State Pension increase worth up to £575 annually, restores Winter Fuel Payments for those earning under £35,000, but freezes income tax thresholds until 2031, potentially pulling more pensioners into paying tax.
