There has been no official government announcement confirming the date of any budget or whether it would be an update on the economy or would include tax measures.
In the Spring Budget on 11 March, the Chancellor indicated that there would be a second Budget in the autumn. However, during the Prime Minister’s appearance in front of the Liaison Committee on 26 May, he mentioned that the government would be bringing forward its economic recovery package in late June, early July.
This was followed by reports in the Sunday Times on 31 May that the Treasury will be bringing forward a “mini-budget” in early July, possibly in the week beginning 6 July.
The government has not commented on these claims.
The Tax Faculty
ICAEW's Tax Faculty is recognised internationally as a leading authority and source of expertise on taxation. The faculty is the voice of tax for ICAEW, responsible for all submissions to the tax authorities. Join the Faculty for expert guidance and support enabling you to provide the best advice on tax to your clients or business.
More support on tax
ICAEW's Tax Faculty provides technical guidance and practical support on tax practice and policy. You can sign up to the Tax Faculty's free enewsletter (TAXwire) which provides weekly updates on developments in tax.
Sign up for TAXwireJoin the Tax FacultyMore from the Tax Faculty
Latest news
TAXwire
Stay up to date with the latest developments in tax by signing up to the Tax Faculty's weekly e-newsletter
Practical guidance
TAXline
Comprehensive support for Tax practitioners each month from the Tax Faculty and expert contributors.
Technical support
Webinars
Expert advice from the Tax Faculty's technical managers on all the developments in tax policy and practice.
