Welcome to our Budget Hub. Here you will find up to date information relating to the most recent Scottish and UK Government Budget announcements. Whether you're a business owner, a financial professional, or simply someone who wants to stay informed about economic changes and the UK's public finances, you'll find all the latest news and updates here.
Timely updates: Stay ahead of the curve and make informed decisions with our timely information delivered shortly after each Budget speech on Budget day.
Comprehensive coverage: From corporation tax to national insurance contributions to indirect taxes, we break down the key points of each Budget announcement in clear and concise language. No more wading through dense government related documents – we do the hard work for you.
Expert analysis: Our team of financial experts turns complex financial information into actionable insights for businesses, individuals, and families. Our analysis will help you understand the implications of Budget decisions on your finances and forecasts.
Autumn Budget 2025
On 26 November, Chancellor Rachel Reeves will set out her plans for the year ahead in the Autumn Budget. Before then, our expert advisers have given their predictions on what may be discussed. And on the day, they will be sharing their thoughts through video summaries of the key announcements, and their impact on individuals, businesses and the wider economy.
For a full breakdown of changes and what this may mean for you and your business, sign up for our free webinar - being held on 3 December.
Spring Statement 2025
In a Spring Statement, which had promised no new tax rises, Chancellor Rachel Reeves set out ambitious plans on 26 March to position the UK as a ‘defence industrial superpower’ in an uncertain world. She said defence would be at the heart of the UK’s modern industrial strategy – creating a country that buys, makes and sells. However greater clarity is needed on inheritance tax reforms.
Read our Spring Statement 2025 summary.
Scottish Budget 2024
The Scottish 2025/26 Budget was presented to the Scottish Parliament on 4 December 2024 by Finance Secretary Shona Robison. While there were no big surprises in the announcement, it was confirmed that income tax rates in Scotland will be frozen until 2026 and the basic and intermediate rate thresholds will be increased by 3.5%. We have summarised some of the key announcements and what these could mean for you, including income tax rates and thresholds, Land and Buildings Transaction Tax, and Non-Domestic rates.
Find out more in our Scottish Budget 2024 summary.
Autumn Budget 2024
The Chancellor, Rachel Reeves delivered the first Labour Budget in 14 years on 30 October 2024 that will raise taxes by £40bn with more than half coming from employers.
Our team of sharp minds have shared their Autumn Budget 2024 highlights in videos.
Your Budget questions answered
When is the next UK Budget?
The next UK Budget (Autumn Budget) is scheduled for 26 November 2025
What time will the 2025 Budget begin?
The exact time has not yet been confirmed. However, in previous years, fiscal statements to Parliament have typically started around 12:30 pm, immediately following Prime Minister’s Questions.
When is the next Scottish Budget?
The next Scottish Budget (for financial year 2026/27) will be published on 13 January 2026.
How often is the Budget?
- UK Budget: Typically once a year, though in practice there are two “fiscal events” - the main Budget (autumn) and a Spring Statement.
- Scottish Budget: Annually. The Scottish budget covers the Scottish financial / fiscal year from 1 April to 31 March.
Why is the Budget important?
The Budget matters because it sets out how the government raises money and how it spends it, affecting everything from health and education to transport and policing. It also shows the Government’s economic priorities, helps manage the deficit and national debt, and ensures transparency and accountability in public spending. In Scotland, the Budget is crucial for deciding how devolved funding is used each year.
How long does the Budget speech usually last?
Budget speeches generally run for about one hour.
Who delivers the Budget speech?
The speech will be presented by the Chancellor of the Exchequer, Rachel Reeves.
