The Spring Statement was exactly what we expected — light on tax announcements and heavy on economic reality.

Welcome to our guide to the Spring Statement 2025, where we summarise the key announcements and what they could mean for you. Given the Chancellor’s previous commitment to holding just one fiscal event per year, it’s no surprise that this Spring Statement avoided major tax measures, focusing instead on economic updates and public spending.

This guide complements our Autumn Budget 2024 guide, which covers the latest tax changes in detail. However, with ongoing fiscal pressures and the potential for further policy adjustments, the Autumn Budget 2025 could still bring new tax measures.

Whether you’re a company director, entrepreneur, or an individual managing your wealth, our team is here to help you navigate the financial landscape and prepare for what may lie ahead.