No news – good news?
The UK tax system seems to grow more complicated every year. It was therefore a relief to hear Rachel Reeves’ promise, in her first Budget in October 2024, that she would restrict herself to one ‘fiscal event’ a year. She would not tinker with the tax system in November and again in March, as some of her predecessors have done. On this occasion at least, she has kept her promise: her speech contained nothing about tax, and there were no new documents released onto the internet by HM Revenue & Customs when she sat down.
Because this was not a ‘fiscal event’, the Chancellor did not mention the very significant tax changes that have been announced in the past to come into effect in the future. In order to help keep track of what is happening and when, our document summarises the main changes – and some significant decisions to keep things the same – that we already knew about, and explains their impact.
To download your Spring Statement 2026 Report please click on the link below:
Spring Statement 2026.pdf
If you have any questions or would like to know more about the implications of the Spring Statement for you and your business, please get in touch with us.
Call 023 9248 4356 or email mc@morriscrocker.co.uk