The spring loaded impact tool is a safety device designed for use with impact tools such as chisels, pry levers, hammers, shovels, scrapers, or tampers. Specifically, the spring loaded impact tool is an enhanced shaft that replaces the traditional shaft that is used as the handle in impact tools. The enhanced shaft further comprises a spring that provides the user greater control over the impact tool compared to the traditional shaft. The spring loaded impact tool comprises an enhanced shaft. The enhanced shaft further comprises an outer shaft, an inner shaft, a compression spring, and a threaded connection.