Spring Statement 2026

Yesterday, the Chancellor Rachel Reeves delivered her Spring Statement. Although there were no surprises or tax announcements, there is a sense of things to come, and planning ahead is key for the coming months.

The focus for the Chancellor was on the Office for Budget Responsibility’s (OBR) updated economic and fiscal outlook.

Changes that are coming

The Chancellor did not announce any tax changes, but with several changes already in the pipeline, many people will start to notice them in their day to day finances:

• Dividend tax rates to increase from 8.75% to 10.75% and 33.75% to 35.75%
• The National Living Wage will rise again
• The two child benefit cap will be removed
• Pensions will be included in Inheritance Tax from April 2027

Click the link below to see a full breakdown of the 2026 Spring Statement:

Spring Statement 2026