Spring Statement

Introduction

Chancellor of the Exchequer, Rachel Reeves, held the Spring Statement on Wednesday 26 March 2025.

Government spending announcements

Highlighting national security, state reform and growth.

Personal Tax

Highlighting income tax, pensions and non-UK domiciled individuals.

National Insurance contributions

Highlighting employees, employers and the self-employed.

Employment

Highlighting the National Living Wage, the National Minimum Wage and company cars.

Capital taxes

Highlighting capital gains tax and inheritance tax.

Business

Highlighting MTD for income tax, corporation tax, capital allowances and Furnished Holiday Lettings.

Other matters

Highlighting consultations and VAT.

The latest news

31 Oct 2025

UK could fall behind in net zero race, BCC warns

The British Chambers of Commerce (BCC) has warned that the UK could fall behind in the race to achieve net zero.

30 Oct 2025

Expert advisory panel to provide industry insight on R&D tax relief

HMRC recently appointed six independent industry specialists to a new Research and Development (R&D) Expert Advisory Panel.

29 Oct 2025

Small business owners 'fear consequences of Budget announcements'

Research carried out by Novuna Business Finance has suggested that eight in ten small firms are worried about the impact of the upcoming Autumn Budget announcements.

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Spring Statement

The latest news

UK could fall behind in net zero race, BCC warns

Expert advisory panel to provide industry insight on R&D tax relief

Small business owners 'fear consequences of Budget announcements'