An improvement in the public finances will set the tone for the first Spring Statement from the chancellor on 13 March. But it is still likely to be a stripped-down exercise, writes David Smith.
In normal circumstances this would be a time of great frenzy in the Treasury. The run-up to a March Budget was always a period of early mornings and late nights culminating in a last-minute scramble before the day itself. Proofs would be read and re-read by bleary-eyed officials in time for the documents to be sent to the printers and the chancellor’s speech refined.
Those days are of course gone. The Spring Budget is no more and neither is the Autumn Statement both replaced by a single unified Budget in November. Philip Hammond will deliver a Spring Statement on 13 March. The advance billing suggests it will be a...
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An improvement in the public finances will set the tone for the first Spring Statement from the chancellor on 13 March. But it is still likely to be a stripped-down exercise, writes David Smith.
In normal circumstances this would be a time of great frenzy in the Treasury. The run-up to a March Budget was always a period of early mornings and late nights culminating in a last-minute scramble before the day itself. Proofs would be read and re-read by bleary-eyed officials in time for the documents to be sent to the printers and the chancellor’s speech refined.
Those days are of course gone. The Spring Budget is no more and neither is the Autumn Statement both replaced by a single unified Budget in November. Philip Hammond will deliver a Spring Statement on 13 March. The advance billing suggests it will be a...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
