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ARTICLE · 14 MARCH 2014

UK Government Budget Predictions 2014

Director of UK Private Client Services Vince Cheshire looks at what next week’s UK annual budget might hold in store for business.

United KingdomTax

Director of UK Private Client Services Vince Cheshire looks at what next week's UK annual budget might hold in store for business.

The UK's Chancellor of the Exchequer (Finance Minister), George Osborne, presents his annual budget on Wednesday 19 March 2014, comprising the government's plans for income and expenditure for forthcoming years. This will then be followed by the publication of the annual Finance Bill of taxation measures, which will then be debated in the House of Commons and, if passed (which is likely), will become the Finance Act 2014.

This will be the last substantial Finance Act before the 2015 General Election and so it is likely to be a political budget. The government finances are still in a poor state and any budget changes will probably be fiscally neutral.

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