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

What do younger clients really want from their adviser?

What do younger clients really want from their adviser?

'They're going to need all the help they can get'

Justin Cash
clock 21 October 2026 • 5 min read
CII and PFS celebrate more than 300 chartered graduates

CII and PFS celebrate more than 300 chartered graduates

347 graduate from CII and PFS

Sophia Panayi
clock 21 October 2026 • 2 min read
True Potential Wealth Management CEO calls for 'clear set of decisions' in upcoming Budget

True Potential Wealth Management CEO calls for 'clear set of decisions' in upcoming Budget

Short-term policy decisions ‘disturb’ advice landscape

Sophia Panayi
clock 20 October 2026 • 2 min read