When is the Budget and what will it mean for my money?- QHN

Reports suggest several measures are being considered to raise money to fund tax cuts, the most recent of which is raising duty on flying business class. Mr Hunt is also understood to be examining scrapping non-dom tax status and taxing vaping. The Treasury has declined to comment.

This outlines the government’s plans for raising or lowering taxes and sets out its spending commitments for health, schools, police and other public services.

The Treasury publishes a report alongside the Budget, which sets out further details about the measures and what they will cost.

The independent Office for Budget Responsibility (OBR) – which monitors government spending – also assesses the plans.

Labour’s shadow chancellor Rachel Reeves will respond to the Budget as soon as Mr Hunt sits down.

MPs will then debate the contents, before the government introduces a Finance Bill to turn the Budget proposals into law.

Reports suggest several measures are being considered to raise money to fund tax cuts, the most recent of which is raising duty on flying business class. Mr Hunt is also understood to be examining scrapping non-dom tax status and taxing vaping. The Treasury has declined to comment.

This outlines the government’s plans for raising or lowering taxes and sets out its spending commitments for health, schools, police and other public services.

This outlines the government’s plans for raising or lowering taxes and sets out its spending commitments for health, schools, police and other public services.

The Treasury publishes a report alongside the Budget, which sets out further details about the measures and what they will cost.

The independent Office for Budget Responsibility (OBR) – which monitors government spending – also assesses the plans.

Labour’s shadow chancellor Rachel Reeves will respond to the Budget as soon as Mr Hunt sits down.

MPs will then debate the contents, before the government introduces a Finance Bill to turn the Budget proposals into law.

#Budget #money

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