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.