Spring Statement

A concise summary of the tax and non-tax measures.

Download the Spring Statement 2025 (pdf)

Chancellor of the Exchequer, Rachel Reeves, held the Spring Statement on Wednesday 26 March 2025.
Highlighting national security, state reform and growth.
Highlighting income tax, pensions and non-UK domiciled individuals.
Highlighting employees, employers and the self-employed.
Highlighting the National Living Wage, the National Minimum Wage and company cars.
Highlighting capital gains tax and inheritance tax.
Highlighting MTD for income tax, corporation tax, capital allowances and Furnished Holiday Lettings.
Highlighting consultations and VAT.

Any reference to a partner is to a member of the Limited Liability Partnership. A list of the partners is available for inspection at the registered office.
Registered to carry on audit work in the UK and Ireland and regulated for a range of investment business activities by The Institute of Chartered Accountants of Scotland.
Details about our audit registration can be viewed at www.auditregister.org.uk for the UK, under reference number 4235.


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