Each year, the Spring Budget sets the tone for UK businesses and households by announcing tax changes, allowances and spending plans. The Spring Budget 2025 brought new thresholds, compliance updates, and targeted incentives that now shape the financial year ahead. Alongside those announcements, May carried its own practical deadlines, including the requirement for employers to provide P60s by 31 May.

April always brings fresh rules and figures for businesses and individuals to adapt to. The 2025/26 tax year is no different, introducing new allowances, thresholds and National Insurance adjustments that will affect how much people take home, how businesses plan, and what contractors and property owners need to prepare for.