Better off. Or worse off?

Find out what the 28 October UK Budget means for your wallet. Enter a few details to see an estimated net impact — and exactly which decisions drive it.

Your household

Support and energy

Where do you live?

Council tax band

Annual household electricity bill, including VAT (£)

Electricity only, not gas. A £50 reduction in the annualised price cap is not £50 cash saved over the three-month VAT extension.

Work and earnings

Wage changes

Minimum-wage category

Current hourly pay (£; 0 = old minimum)

Hours worked per week

Marginal income tax rate

Used to estimate tax on extra pay and small-trading income. National Insurance is estimated separately for wage increases. Check your own tax band; thresholds and Scottish rates can make the result differ.

I receive Universal Credit and my earnings are already above my work allowance (apply the 55% UC taper to extra net pay)

Travel

Fuel & buses

Petrol/diesel litres per month

The 5p-per-litre duty cut is extended until 1 July 2027.

Eligible single bus trips per week

England, outside London, participating services.

Usual single bus fare without new £2 cap (£)

An illustrative comparison with your old fare (often £3), not a guaranteed saving relative to what operators would otherwise charge.

Savings, property & side income

Tax changes

Annual savings interest outside ISAs (£)

Savings allowance / tax-free interest (£)

*Lower-income savers may have the starting rate and unused personal allowance; see notes.

Annual rental/property profit already subject to income tax (£)

After allowable expenses and any applicable property allowance. Tax on property profits rises by another 2 percentage points from April 2027 (England/Wales/NI).

Annual small-trading / side-hustle turnover (£)

Use this only for trading income on which you elect the flat trading allowance rather than deducting actual expenses.

I'm eligible for and use the trading allowance, not actual-expense deductions

One-off situations

Property purchase

LISA amount withdrawn to buy a first home above £450,000 during selected period (£)

Only eligible property purchases above the LISA price cap. Withdrawal fee drops from 25% to 20% from 29 October 2026. The charge for other unauthorised withdrawals stays 25%.

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Try an example

Example profiles use illustrative amounts and are not typical-household forecasts.