UK Autumn Budget 2026: will the pension tax-free lump sum be cut or capped lower?
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22. Sept. 26, 14:32 UTC28. Okt. 26, 12:00 UTC
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YES if the Budget reduces the 25% tax-free share or lowers the £268,275 lump sum allowance.
- Resolves YES if the measure is announced in the Chancellor's Budget speech on 28 October 2026 or appears in the Budget documents HM Treasury publishes that day (the Budget document, the policy decisions table, the policy costings, or the Overview of Tax Legislation and Rates).
- A measure announced earlier counts if those documents confirm it.
- A consultation, review or call for evidence alone resolves NO.
- This market closes at 12:00 UTC on Budget day, 30 minutes before the speech is due to begin, because measures resolve as the Chancellor announces them.
- The creator may trade in this market.