The Chancellor of the Exchequer, Philip Hammond, has announced the Budget date and it will take place on Monday 29 October.
Breaking with the tradition of a Wednesday budget date in November, perhaps in a bid to avoid the ongoing Brexit negotiations, the government is expected to set out its plans ‘to build a stronger, more prosperous economy, building on the recent Spring Statement and last year’s Budget’.
The government announcements are expected to include updates on draft legislation and consultations, and proposed tax rates and reliefs.
Please add the budget date of Monday 29 October to your diaries.
For more information, please see GOV.UK news. If you have any concerns about how the budget announcements will effect you and your business, please get in touch and a member of the team can discuss this with you in more depth.