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

CII: Vulnerable client management is 'an opportunity for growth'

CII: Vulnerable client management is 'an opportunity for growth'

Firms can expand potential client bases

Isabel Baxter
clock 07 April 2026 • 2 min read
Common language used by advisers triggers anxiety and distrust among retirees

Common language used by advisers triggers anxiety and distrust among retirees

Product-led communication one of the biggest drivers of mistrust

Laura Purkess
clock 01 April 2026 • 1 min read
Advisers: Are you even taking your own advice?

Advisers: Are you even taking your own advice?

Exploring the expenditure consolidation conversation

Nick Ryan
clock 25 March 2026 • 4 min read