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.

HMRC launches new online help for compliance checks

HMRC has launched a new online interactive tool to help guide both businesses and individuals through tax compliance checks.

Almost 300,000 people filed their tax return in the first week of the new tax year, setting a new record, HMRC has revealed.

HMRC has launched a new online interactive tool to help guide both businesses and individuals through tax compliance checks.

Almost 300,000 people filed their tax return in the first week of the new tax year, setting a new record, HMRC has revealed.

The UK's professional tax and accounting bodies have backed the adoption of e-invoicing in their responses to a government consultation.