Chancellor John Healey has set out the government’s tax and spending plans in the 2026 Budget, the first since Andy Burnham became prime minister. The measures include a further tax charge on landlords’ rental profits and additional funding for an initiative aimed at ending rough sleeping by Christmas.

From April 2027, landlords will face a further 2% in income tax on rental profits. That gives a start date for the change, although the supplied details do not establish the full tax arrangements or their likely effect on landlords and tenants.

A further £432 million has been added to the rough-sleeping initiative. The funding increases the resources committed to the programme; the Christmas deadline remains its stated aim, rather than an established outcome.

Healey also promised an uplift in defence spending by 2030. The available details do not specify its size.

These announcements identify some of the Budget’s tax and spending priorities, but do not provide enough information to assess its overall cost, distributional effects or implications for household finances. No responses to the measures are included in the supplied material.