Key Financial Dates and Changes to Watch in 2026
Energy prices and bills will see several changes in 2026. On 1 January, the energy price cap is set to rise by 0.2%, increasing the typical dual-fuel bill to £1,758. This cap applies to direct-debit customers, with different arrangements for prepayment and arrears, and actual bills will vary depending on usage and tariff. Energy bills are forecast to fall later in the year, with typical savings around £138 per year for a dual-fuel bill. Additionally, by 31 January 2026, energy tariffs must include options featuring low standing charges.
Inflation trends show a slight easing, with the December CPI inflation rate falling to 3.2% according to ONS data.
Taxation rules on cryptocurrency investing will become more stringent from 1 January 2026, requiring investors to provide more paperwork. HMRC will require tax details including national insurance numbers to be submitted to providers, and gains from crypto investments must be declared.
The deadline for self-assessment tax returns for the 2024–25 tax year is 31 January 2026.
Alcohol duty will increase by 3.66% starting 1 February 2026, in line with the Retail Price Index. This will affect prices for products such as white wine, whisky, and lager.
The Bank of England plans to make three decisions on interest rates in 2026, set for 5 February, 19 March, and 30 April. The base rate ended 2025 at 3.75% following a cut, and future rate changes are described as a “closer call.”
Regulated rail fares in England will be frozen on 1 March 2026, while fares in London will continue to rise by about 5.8%. The government avoided inflation-linked increases on rail fares this year.
On 1 April 2026, several key changes will take effect: the national living wage will rise by 4.1% to £12.71 per hour for workers aged 21 and over, with smaller increases for those aged 18–20 and apprentices. NHS prescription charges in England will remain at £9.90. The TV licence fee will rise to just over £181. Meanwhile, council tax is expected to increase, though details were not specified.
