Spring Statement
Download the Spring Statement 2025 (pdf)
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Introduction
- Chancellor of the Exchequer, Rachel Reeves, held the Spring Statement on Wednesday 26 March 2025.
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Government spending announcements
- Highlighting national security, state reform and growth.
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Personal Tax
- Highlighting income tax, pensions and non-UK domiciled individuals.
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National Insurance contributions
- Highlighting employees, employers and the self-employed.
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Employment
- Highlighting the National Living Wage, the National Minimum Wage and company cars.
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Capital taxes
- Highlighting capital gains tax and inheritance tax.
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Business
- Highlighting MTD for income tax, corporation tax, capital allowances and Furnished Holiday Lettings.
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Other matters
- Highlighting consultations and VAT.