The Chancellor of the Exchequer delivered his Spring Statement to Parliament on 23 March 2022. This is the Spring Statement in full and supporting documents.
Spring Statement Tax Plan
The Tax Plan brings together proposals to reduce and reform taxes over the Parliament. It contains three priorities: helping families with the cost of living; creating the conditions for private sector led growth; and ensuring the proceeds of growth are shared fairly.
This document sets out the assumptions and methodologies used in the government’s costing of policy decisions announced since Autumn Budget 2021. For each decision it contains a description of the measure, the base, and the methodology for the costing (including relevant adjustments for behavioural responses). It highlights main areas of additional uncertainty.
This document sets out the estimated impact of tax, welfare and public service spending decisions announced since Spending Round 2019 that carry a direct, quantifiable impact on households. It also presents estimates of the overall level of tax paid and public spending received by households in 2024-25.
This document details all of the data sources used throughout the Spring Statement 2022 document. In order to be transparent, it informs readers of the Spring Statement 2022 document where the data used in the charts, tables and text comes from and how it has been calculated.
Table 3.1: Policy decisions since Autumn Budget 2021
The table shows the cost or yield of all decisions since Autumn Budget 2021 with a direct effect on PSNB in the years up to and including 2026-27. This includes tax measures, changes to Departmental Expenditure Limits (DEL) and measures affecting annually managed expenditure (AME).
Also publishing alongside Spring Statement 2022:
Debt management report 2022 to 2023
Temporary Cut to Fuel Duty
Government support for the cost of living: factsheet
Spring Statement 2022: Business support factsheet
Spring Statement 2022: Personal Tax Factsheet