The Chancellor has delivered the Spring Budget 2026 with several measures affecting small businesses and the self-employed. Here are the key takeaways for our clients.
Corporation tax remains at 25% for profits over £250,000, with the small profits rate staying at 19%. The Annual Investment Allowance continues at £1 million, providing important tax relief for businesses investing in equipment and machinery.
National Insurance thresholds have been adjusted, and there are new incentives for businesses investing in green technology and apprenticeships.