Spring Statement 2025

Chancellor of the Exchequer, Rachel Reeves, held the Spring Statement on

Wednesday 26 March 2025. In the run up to the event, the Chancellor stated that she

‘remains committed to one major fiscal event a year to give families and businesses

stability and certainty on upcoming tax and spending changes and, in turn, to support

the government’s growth mission’.

The Chancellor did meet her commitment that there would be no major tax announcements but tax is only one side of the equation. The other is spending and the Spring Statement confirmed a number of the measures recently announced.

After distribution to our clients the day after the Spring Statement, we are now pleased to present the following summary and commentary guide on our website, along with a reminder of the significant changes from the Autumn 2024 budget that will take effect in April 2025.

Please don't hesitate to reach out to us if you have any questions about any of the key topics covered.

Spring Statement 2025.pdf

Download PDF • 1.54MB

While we strive to ensure that all files available for download on this website are free from viruses and malware, we cannot guarantee their absolute safety. By downloading any files from this website, you acknowledge and agree to the following:

• No Warranty: All files are provided "as is" without any warranties, express or implied. We do not guarantee that the files are free from viruses, malware, or other harmful components.

• User Responsibility: It is your responsibility to use appropriate antivirus software and other security measures to protect your device and data.

• Limitation of Liability: We shall not be liable for any damages, losses, or expenses arising from the use or inability to use the downloaded files, including but not limited to direct, indirect, incidental, or consequential damages.

• Third-Party Content: Some files may be provided by third parties. We do not endorse or assume any responsibility for the content, accuracy, or reliability of these files.

By proceeding with the download, you agree to these terms and conditions.