Weds 4th March 2026

The recent Spring Statement from Chancellor of the Exchequer, Rachel Reeves, took place amidst a fairly sluggish economic environment. Growth has slowed somewhat, unemployment is projected to peak later this year and inflation is falling back towards the Bank of England’s target figure of 2% (but is not there yet). Recent events in and around Iran have shaken global economies, particularly oil prices, but that happened after the Statement was finalised.
As a result, the Chancellor has been tinkering around the edges of the budget, with the introduction of Making Tax Digital being one of the biggest changes to how Busbys interact with their self-employed clients. Although there was a nod to the farming community with some changes that should take the majority of farms out of the inheritance tax bands. Read about this and more in David’s presentation below.
As always, if you want to make those tax worries low, Busbys is just the place to go!

