Budget date announced
HM Treasury has confirmed that the Chancellor Jeremy Hunt has commissioned the Office for Budget Responsibility to prepare an economic and fiscal forecast to be presented to Parliament alongside his Spring Budget on 6 March 2024.
What is the Budget?
The Budget, or Financial Statement, is a statement made to the House of Commons by the Chancellor of the Exchequer on the nation’s finances and the Government’s proposals for changes to taxation. The Budget also includes forecasts for the economy by the Office for Budget Responsibility (OBR).
Stakeholder representations
Interest groups, individuals and representative bodies can submit a written representation to HM Treasury to comment on government policy or suggest new policies to include in the Spring Budget 2024.
HM Treasury welcomes representations from stakeholders as part of the policy-making process.
The representations portal will close on 24th January 2024.
PAYadvice.UK 28/12/2023