For the most recent British Budget, see 2024 United Kingdom budget.
() United Kingdom budget
Website
www.gov.uk
‹ March 2024
The Budget of His Majesty's Government is an annual budget set by HM Treasury for the following financial year, with the revenues to be gathered by HM Revenue and Customs and the expenditures of the public sector, in compliance with government policy.[1] The budget statement is one of two statements made by the Chancellor of the Exchequer in the House of Commons, with the Spring Statement being made the following year.
Budgets are usually set once every year and are announced in the House of Commons by the Chancellor of the Exchequer. Since autumn 2017 the United Kingdom budget typically takes place in the Autumn in order to allow major tax changes to occur annually, well before the start of the fiscal year.[2] The most recent budget was presented by Jeremy Hunt on 6 March 2024. Sunak's successor, Kwasi Kwarteng, delivered a fiscal event in September 2022. His successor Jeremy Hunt delivered another fiscal event in November 2022. Although not an official budget statement, they were widely referred to by the media as a "mini-budget".
^"[Archived Content] PESA 2007". Hm-treasury.gov.uk. Archived from the original on 29 January 2013. Retrieved 1 April 2010.
^"Autumn Statement 2016". November 2016. Section 1.4.
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