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Spring Statement

An overview of the Chancellor's announcements.

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.

17 Feb 2026

Over 200 hospitality and leisure CEOs have urged the government to scrap plans for a Visitor Levy in England.

16 Feb 2026

HMRC is urging manufacturers, importers, and warehousekeepers involved with vaping products to prepare for new duties.