Please see our April 2025 newsletter:
Read the guide
SPRING STATEMENT 2025
On 26 March 2025, Chancellor Rachel Reeves presented her Spring Statement to parliament. With further borrowing ruled out and a determination not to announce further tax changes, the focus has been on government spending, a review of which will be announced on 11 June 2025. This will allocate government spending for the three years from 2026/27 to 2028/29.
Despite no tax changes being announced, a number of the items of interest were announced on 26 March, as part of the Chancellor's update. These are outlined in the newsletter.