The recent Budget announcement brought forth numerous significant changes with specific effective dates. Let’s delve into the key calendar dates for each major adjustment:

– Alcohol prices are set to increase as alcohol duty will elevate by 3.66% starting February 2026, affecting the prices of various beverages.
– Rail fares in England will remain frozen until 2027, deviating from the usual annual increment trend.
– The two-child benefit cap under Universal Credit or Tax Credits will be eliminated from April 2026.
– State pension will see a 4.8% rise, reaching £241.30 a week from April 2026.
– DWP benefits, including Universal Credit standard allowance, will increase in April 2026.
– Car tax will surge in line with RPI inflation from April 2026.
– Energy bills are projected to decrease by £150 from April 2026.
– Minimum wage will experience a 4.1% increase to £12.71 per hour from April 2026.
– NHS prescription costs will stay fixed at £9.90 per item.
– The fuel duty cut of 5p per liter will only be applicable until September 2026.
– The cash ISA limit will be reduced to £12,000 for under-65s from April 2027.
– Tax rates on savings interest and property interest will rise from April 2027.
– Student loan repayment threshold will be frozen from April 2027.
– Pensions will be subjected to Inheritance Tax from April 2027.
– Properties valued over £2 million will face a new surcharge starting April 2028.
– A new mileage tax for electric vehicle drivers will be implemented from April 2028.
– The Help to Save scheme for Universal Credit recipients will become permanent from 2028.
– The freeze on tax thresholds will conclude in April 2031, potentially affecting more workers.

These modifications reflect a comprehensive overhaul of various financial aspects, aiming to reshape the economic landscape in the coming years.