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Article

  1. News
  2. Spring Statement
Minimum wage rose on 1 April
No further tax increases in Spring Statement
Finance Act 2025 receives Royal Assent
Side hustle trading threshold raised to £3,000 per year
Financial benefit of MTD could be as high as £915 million
Chancellor unveils plan to cut red tape
Employment reforms continue to stifle business hiring intentions

Spring Statement

Introduction Government spending announcements Personal Tax National Insurance contributions Employment Capital taxes Business Other matters

Latest News

07 Apr 2025

Minimum wage rose on 1 April

Increases to the National Living Wage and National Minimum Wage took effect from 1 April.

07 Apr 2025

No further tax increases in Spring Statement

Chancellor Rachel Reeves announced 'no further tax increases' in the 2025 Spring Statement.