Budget
The Budget is the government's annual financial statement and review of the levels of taxation. It also includes the government's future financial strategy and economic forecast.
Most of the tax changes announced in the Budget are legislated for in the annual Finance Bill. Tax legislation announced in the Budet (unlike other legislation) may take effect before the Finance Bill is enacted. Budget resolutions are tabled as soon as the chancellor has finish the Budget speech and voted on at the end of the Budget debate.
The following pages summarise the key measures announced in the most recent Budget statements.
- Autumn statement 2011
- Budget 2011
- Emergency Budget 2010 (the first under the new coalition government)
