Sam Habermel

Having committed to holding just one major ‘fiscal event’ each year, this Statement provided an opportunity to update the nation on the progress of her economic plan. Her conclusion was clear. She believes she has “the right economic plan for this country” and that it has “restored economic stability” with falling inflation and borrowing, rising living standards, increased funding for the NHS, more money in people’s pockets and a growing economy.

Dividend and director loan planning Dividend tax rates will increase by 2% from 6 April 2026 for ordinary and higher rate taxpayers, moving to 10.75% and 35.75% respectively; the additional rate remains 39.35%. Therefore, there should be genuine consideration given to bringing planned dividends forward into 2025–26 to reduce the overall tax bill for ordinary and higher rate taxpayers. This will be dependent on both the cash and reserves position of the company.