The Chancellor, Jeremy Hunt, has announced that he will present his Spring Budget on Wednesday 6 March 2024. HM Treasury is inviting representations for the budget, from stakeholders.
An economic and fiscal forecast will be prepared by the Office for Budget Responsibility (OBR) and will be presented to Parliament with the Chancellor's budget statement.
Live coverage and analysis of the announcements made will be available here on rossmartin.co.uk.
HM Treasury is inviting representations from stakeholders ahead of the 2024 Spring Budget.
Comments or suggestions by interest groups, individuals and representative bodies on existing or new policies are welcomed, to inform policy development for the Budget.
Representations should contain policy suggestions for the upcoming fiscal event and explain the policy rationale, costs, benefits and deliverability of proposals. Comments should be evidence-based, providing clear arguments on how they contribute to the aims of the statement.
The Treasury suggests the following points for consideration:
- Likely effectiveness and value for money.
- Revenue implications for the Exchequer.
- How it supports growth.
- Wider macroeconomic implications (for example, for economic stability and supporting employment).
- Sectoral impacts.
- Distributional impacts.
- Locational impacts.
- Administrative and compliance costs and issues.
- Legislative and operational requirements.
- Environmental impact.
Representations can be made via the online portal, which will close at 5 pm on 24 January 2024.
If you cannot submit your representation online, you should contact;
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