Spring Budget update

The Chancellor of the Exchequer, Philip Hammond, has announced that his last Spring Budget is to be delivered on Wednesday 8 March 2017. Much of what is expected in the Budget has been consulted on during last year and draft Finance Bill 2017 provisions have been available for comment.

The Spring Budget sets out the government’s plans for the economy based on the latest forecasts from the Office for Budget Responsibility and in the future will be delivered in the Autumn. This means that this year we are going to be treated to two Budgets!