Spring Statement

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

Download the Spring Statement 2025 (pdf)

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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Sheen Stickland, 2 Oriel Court, Omega Park, Alton, Hampshire GU34 2YT
Sheen Stickland, The Engine House, 77 Station Road, Petersfield, Hampshire GU32 3FQ

Sheen Stickland is the trading name of Sheen Stickland LLP and Sheen Stickland Audit Ltd

Sheen Stickland LLP is a Limited Liability Partnership Registered in England. Number OC 313253 Reg Off: 2 Oriel Court, Omega Park, Alton, Hampshire, GU34 2YT

Partners: David Sanders, Philip Sharpe, Paula Joyce, Sticklands Ltd

Not all the partners are members of Sheen Stickland LLP. A list of members of Sheen Stickland LLP is available from the Registered Office

Audit & related services are provided by Sheen Stickland Audit Ltd Registered in England. Number 02223334 Reg Off: 2 Oriel Court, Omega Park, Alton, Hampshire, GU34 2YT

Sheen Stickland Audit Ltd is registered to carry on audit work in the UK & Ireland and Sheen Stickland LLP is regulated for a range of investment business activities by the Institute of Chartered Accountants in England & Wales