Spring Statement IntroductionChancellor of the Exchequer, Rachel Reeves, held the Spring Statement on Wednesday 26 March 2025. Government spending announcementsHighlighting national security, state reform and growth. Personal TaxHighlighting income tax, pensions and non-UK domiciled individuals. National Insurance contributionsHighlighting employees, employers and the self-employed. EmploymentHighlighting the National Living Wage, the National Minimum Wage and company cars. Capital taxesHighlighting capital gains tax and inheritance tax. BusinessHighlighting MTD for income tax, corporation tax, capital allowances and Furnished Holiday Lettings. Other mattersHighlighting consultations and VAT.