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Spring Statement

  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.

The latest news

21 Jan 2026

Inflation rises to 3.4%

Data published by the Office for National Statistics (ONS) has revealed that inflation rose to 3.4% in the year to December.

20 Jan 2026

Government must ramp up its growth strategy, says think tank

Despite falling behind its peers, the UK economy could be on the brink of a turnaround so the government must up rather than run-down its growth strategy, says the Resolution Foundation.

19 Jan 2026

HMRC app sees 65% rise in self assessment payments

HMRC is reminding taxpayers due to submit their self assessment tax returns that there are many different payment options ahead of the 31 January deadline.

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