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 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. You can read more here.
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 here.
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 highlights in videos. Find out more here.
