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

Origo launches LoA consortium with four major providers

Origo launches LoA consortium with four major providers

Aviva, L&G, Royal London and Scottish Widows

Jenna Brown
clock 18 May 2026 • 2 min read
Editor's view: Pensions IHT alarm bells – when people become process

Editor's view: Pensions IHT alarm bells – when people become process

The go-live date for inheritance tax (IHT) on unused pension funds is edging closer, and this week saw HMRC bring some clarity on what to expect.

Jen Frost
clock 15 May 2026 • 3 min read
Feel Good Friday: Castlefield partner expands not-for-profit refill hubs across Cheshire

Feel Good Friday: Castlefield partner expands not-for-profit refill hubs across Cheshire

Project run by Eco Communities

Professional Adviser
clock 15 May 2026 • 1 min read