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The UK moves from March to December Budgets

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Author Info

  • Andrew Dilnot

    (Institute for Fiscal Studies and University of Oxford)

  • Mark Robson

Abstract

Barring any very unexpected developments, next month’s Budget Speech by the Chancellor of the Exchequer will be the last such speech to occur in March for the foreseeable future (and perhaps for ever) in the UK. As part of last year’s budget package, the Government published a White Paper on budgetary reform (HMSO, 1992) which announced that in future, Budget Speeches would be made in December of each year rather than in March as at present. However, the tax year will continue to begin in April, so that the lead time between the announcement of tax proposals in the Budget and the coming into force of most of them will be extended from about three weeks to about 16.

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Bibliographic Info

Article provided by Institute for Fiscal Studies in its journal Fiscal Studies.

Volume (Year): 14 (1993)
Issue (Month): 1 (February)
Pages: 78-88

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Handle: RePEc:ifs:fistud:v:14:y:1993:i:1:p:78-88

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  1. Leonard Beighton, 1987. "Tax policy and management: the role of the Inland Revenue," Fiscal Studies, Institute for Fiscal Studies, vol. 8(1), pages 1-16, February.
  2. David Skinner & Mark Robson, 1992. "National Insurance contributions: anomalies and reforms," Fiscal Studies, Institute for Fiscal Studies, vol. 13(3), pages 112-125, August.
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Cited by:
  1. Chris Giles & John Hall, 1998. "Forecasting the PSBR outside government: the IFS perspective," Fiscal Studies, Institute for Fiscal Studies, vol. 19(1), pages 83-100, February.

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