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Spring Statement

An overview of the Chancellor's announcements.

  1. Resources
  2. Tax information

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.

Latest News

24 Oct 2025

Real Living Wage rates increase for half a million workers

Almost half a million UK workers will receive a pay boost when the Real Living Wage rates rise.

23 Oct 2025

Chancellor announces 'blitz on business bureaucracy'

Chancellor Rachel Reeves recently announced a 'blitz on business bureaucracy', with cuts to red tape that the government says will save firms £6 billion.

22 Oct 2025

UK inflation rate remains at 3.8%

Data published by the Office for National Statistics (ONS) has revealed that the rate of inflation held steady at 3.8% in the year to September.

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