Spring Statement

A concise summary of the tax and non-tax measures.

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.
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Edmund Carr, 146 New London Road, Chelmsford, Essex CM2 0AW.

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Registered to carry on audit work in the UK and regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales. Registered with The Chartered Institute of Taxation as a firm of Chartered Tax Advisers.

Stewart P Martin | Debbie J Wakefield | Thomas C York FCCA | Sandra A Morrell FCCA | Alison J McDowall | Stephen C Drain | Alex M Stone FCCA

Edmund Carr is registered in England & Wales. Registered office address: 146 New London Road, Chelmsford, Essex CM2 0AW. Registered Company number: OC333955.