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.

Spring Statement 2026

In the run up to this year’s Spring Statement we were told there would be no fireworks or major changes, ‘steady as she goes’ was the firm message ahead of Chancellor Rachel Reeve’s address. And so it proved, with no significant tax updates forthcoming.

Meanwhile, Reeves will meet oil and gas industry leaders this week to discuss challenges facing the sector and will set out a wider three‑point economic strategy - including innovation and AI - at her upcoming Mais Lecture.

Read a more in depth response to what the Chancellor had to say.

Scottish Budget 2026

On 13 January 2026, Finance Secretary Shona Robison set out the Scottish Government’s 2026–27 Budget, describing it as a plan to support a stronger NHS while investing in Scotland’s infrastructure. The Budget outlines how around £68bn will be allocated in the final spending plan of the current SNP administration before the Holyrood elections in May.

We've summarised the key takeaways including income tax, property taxes, business rates, and energy and infrastructure.

Autumn Budget 2025

On 26 November, Chancellor Rachel Reeves 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 shared their immediate reactions through video summaries of the key announcements, and their impact on individuals, businesses and the wider economy. Over the coming weeks, we'll delve further into the details.

Watch our videos and read our insight on the Autumn Budget 2025 here, and the recording of our post Budget webinar for a full breakdown of changes and what this may mean for you and your business.


Alexandra Docherty

Partner and Head of Private Client Tax

Alexandra Docherty

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David Ward

Tax Partner & Head of Specialist Taxes

David Ward

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John McAuslin

Tax Partner and Head of Corporate Tax

John McAuslin

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Your Budget questions answered

When is the next UK Budget?

The next UK Budget (Spring Statement) is scheduled for 3 March 2026.

When is the next Scottish Budget?

There is no confirmed date for the next Scottish Budget, however there will be an announcement after the next Autumn Budget from the UK Parliament.

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.

Want to know more?

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