Spring Statement 25: No tax changes for advisers

‘This statement does not contain any further tax increases’

Sahar Nazir
clock • 1 min read

Chancellor Rachel Reeves did not outline tax increases in her Spring Statement today (26 March).

Speaking in the House of Commons, Reeves said there would be no tax increases within the Statement, but she revealed plans to challenge fraudsters. As promised in the Autumn Budget, Reeves said "this statement does not contain any further tax increases". She also said she has restored "in full our headroom against the ‘stability rule'" through spending cuts rather than raising taxes and that the government will be running a surplus of £9.9bn by 2029-30. Defence spending "The government is now taking action to go further and faster to strengthen the UK's security, to reform the s...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Marlborough makes 'significant' investment in London-based planner First Wealth

Marlborough makes 'significant' investment in London-based planner First Wealth

First Wealth manages approximately £480m of assets

Sahar Nazir
clock 28 March 2025 • 2 min read
IFS director warns of 'months of speculation' over Autumn tax rises

IFS director warns of 'months of speculation' over Autumn tax rises

Likely that taxes could be raised further, thinktank director warns

Sahar Nazir
clock 27 March 2025 • 2 min read
Shackleton adds £200m in assets with PK Financial Planning buy

Shackleton adds £200m in assets with PK Financial Planning buy

Acquires financial planning, employee benefits and DFM businesses

Jenna Brown
clock 27 March 2025 • 1 min read