News

Inaugural Autumn Budget date announced

The Chancellor, Philip Hammond, has announced that the first Autumn Budget to take place since the set-piece statement’s move to the end of the year will be on Wednesday 22 November 2017.

Mr Hammond announced at the Autumn Statement in 2016 that there would no longer be two major fiscal statements each year. This means that the Autumn Statement has been replaced by the Autumn Budget, and there will no longer be a Spring Budget.

While there will be a Spring Statement from 2018, this will only involve a response to the Office for Budget Responsibility’s (OBR) forecasts for the economy, and will not be a major fiscal event.

LINK: Autumn Budget 2017 date confirmed

For more information, contact Baines Jewitt on 01642 632032

Bookmark and Share

Go Back

 

Copyright 2017 Baines Jewitt
Accountant Website Design
Baines Jewitt Chartered Accountants, Barrington House, 41-45 Yarm Lane, Stockton on Tees, TS18 3EA.
Tel: 01642 632032 - Fax: 01642 632033/ 632034 Teesside & North East Chartered Accountants