18th September 2017

The Chancellor of the Exchequer, Philip Hammond, has announced that the first Autumn Budget in over 20 years will be delivered on Wednesday 22nd November 2017.

Confirming the date via a video message posted on his official Twitter account, The Chancellor described Budget Day as “the most important in the parliamentary calendar” and hailed it as an opportunity to “set out our thinking on how to keep the economy strong and resilient and fair”.

His statement will review the UK’s economic performance based on the latest forecasts from the Office for Budget Responsibility (OBR) and will set out the Government’s tax and spending plans. A third Finance Bill will follow the Autumn Budget.

Charles Linaker, Tax partner at UNW commented: “This will be the first Autumn Budget under the new timetable which Hammond announced in last year’s Autumn Statement. However, this year’s General Election and its result have already disrupted much of what he planned to implement, not least the Making Tax Digital programme, and the new parliamentary arithmetic is not going to make life any easier for him.”

A summary of the significant Autumn Budget announcements will be available to download from our website on Thursday 23rd November 2017.

Subscribe to our mailing list to receive the full Autumn Budget summary straight to your inbox: http://eepurl.com/c3CT9H

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