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 Glossary   >   T   >   "The Budget" Definition   

        The Budget

The annual announcement which the Chancellor of the Exchequer makes once a year to outline his government"s taxation and spending plans for the forthcoming financial year.Pre-Budget announcements are made in November, with the real Budget in March of each year. Budgets are given Parliamentary authority by the Finance Act which is passed each year.

The Budget


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The Budget - The annual announcement which the Chancellor of the Exchequer makes once a year to outline his government"s taxation and spending plans for the forthcoming financial year.Pre-Budget announcements are made in November, with the real Budget in March of each year. Budgets are given Parliamentary authority by the Finance Act which is passed each year.


The Budget : the annual announcement which the chancellor of the exchequer makes once a year to outline his government"s taxation and spending plans for the forthcoming financial year.pre-budget announcements are made in november, with the real budget in march of each year. budgets are given parliamentary authority by the finance act which is passed each year.