The Government will publish its first Autumn Budget on Wednesday, 22 November 2017
The Chancellor of the Exchequer, Philip Hammond, has announced that the Government will publish its first Autumn Budget on Wednesday, 22 November 2017.
The Autumn Budget will outline fiscal forecasts from the Office for Budget Responsibility (OBR) and planned tax changes well in advance of the start of the new tax year.
What’s happened to the Autumn Statement?
The Government wants only one major fiscal event in each year, so the Chancellor will no longer deliver an Autumn Statement in November, instead, there will be an Autumn Budget rather than a Spring Budget, and from 2018 there will be a Spring Statement.
The Spring Statement will allow the Government to respond to forecasts from the Office for Budget Responsibility but will not be a major fiscal event.
Have your say!
The Government is inviting members of the public to have their say and submit suggestions for the Autumn Budget 2017 by filling out this survey by Friday, 22 September. You just need to raise one or two issues and explain why they should be considered, along with any evidence that could support your proposal.
For any further information, please do get in touch with Tracey Watts