In 2026 Spring Statement, the government confirmed that the National Insurance Contributions (NICs) framework will remain broadly stable into the 2026/27 tax year, with key thresholds frozen and rates largely unchanged, providing a degree of certainty for both employers and individuals. 

Following the Chancellor’s Spring Statement, the government has set out a series of measures affecting businesses and entrepreneurs, including corporation tax, capital allowances and research and development relief. While headline rates remain stable, for companies planning investment, managing cash flow or preparing for compliance changes, understanding these updates will be key.

The Chancellor’s Spring Statement signals a continued tightening of the UK’s tax landscape. While headline Capital Gains Tax rates remain unchanged and allowances such as the £3,000 exemption are held steady, more nuanced reforms point to a clear direction of travel: reliefs are being restricted, thresholds remain frozen, and previously generous regimes are being reshaped. From the reduction in Employee Ownership Trust relief and the tightening of Business Asset Disposal Relief, to major changes in how pensions are treated for Inheritance Tax, the cumulative effect is a system that places greater emphasis on proactive planning. For business owners, investors and families alike, the message is unmistakable, standing still is no longer a neutral position.

Whilst the world around us may be in turmoil and as the UK approaches the end of the tax year with perhaps a feeling of intrepidation, we’re highlighting some of the main points arising from the Chancellor’s recent Spring Statement. And in this post, we take a look at those all-important pensions and tax-efficient investments. 

Chancellor of the Exchequer, Rachel Reeves, delivered the Spring Statement on Tuesday 3 March 2026. The government has been keen to have only one tax event per year (the Budget) and so the Spring Statement was intended to provide an interim update on the economy and public finances and provide reassurance to the business community.

Against a backdrop of mounting fiscal pressure and a renewed focus on closing the tax gap, the Government has set out a wide-ranging programme of reforms aimed at strengthening tax administration, accelerating collection and improving compliance. Through increased investment in HM Revenue & Customs, greater use of digital technology, earlier payment of tax liabilities and tougher enforcement tools, the measures signal a decisive shift towards real-time taxation and more robust scrutiny of unpaid and under-reported tax. Together, these changes reflect a clear policy intention: to modernise the tax system, recover more revenue, and ensure that taxpayers meet their obligations promptly and accurately.

Whilst the 2025 Budget may feel like a long time ago, there were a number of measures contained within it that affect non-doms and resident foreigners and about which you need to be aware.

As always, in November 2025, the annual Budget introduced a raft of new measures which business owners and entrepreneurs need to be aware of. Wide-ranging in nature, they include measures to tackle the employers who hire illegal workers, the reporting of benefits in kind, clarifying Research and Development tax relief claims, tackling tax avoidance in the umbrella company landscape, expanding workplace benefit relief and several other measures. In this article, we highlight the main measures that may affect you. 

The 2025 Budget inevitably had implications for businesses and entrepreneurs, which now need to be carefully considered. In this article, we take a quick look at changes to corporation tax, capital allowances, National Insurance, and the National Living and National Minimum Wage.