DUA

The Spring Statement – is there yet more bad news on the horizon?

The Chancellor Rachel Reeves will present her Spring Statement on 26 March 2025.

Unfortunately, the current economic climate is not good with the economy slowing down and job vacancies falling, and along with all the announced changes coming in from April 2025, there is a real risk there will be more tax raising announcements.

The problem with tinkering with existing plans is the timescales – the new employers NI rates and bands are due to come in on 6 April and making changes just a few days before would be a is a huge administrative problem for businesses and software developers and suppliers!

All we can do is wait and hope!!

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