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Budget 2020: latest news and analysis from ICAEW

Latest reporting on Chancellor Rishi Sunak's first budget.

Speculation rife over ‘Emergency Budget’


1 June: Reports in the mainstream press suggest that an emergency Budget will be held in the week commencing 6 July, but there has been no confirmation from Treasury.

IFS: deficit to triple as budget contingency increases


30 March 2020: the Institute for Fiscal Studies (IFS) has suggested that the budgeted fiscal deficit for the financial year starting 1 April 2020 of £55bn could more than triple to £177bn due to the coronavirus pandemic.

Highlights of HMCR’s latest Employer Bulletins


17 March 2020: ICAEW’s Tax Faculty summarises HMRC’s latest Employer Bulletins, which included commentary on the Budget announcements and information on the changes to off-payroll working.

Budget 2020: technology, infrastructure and innovation


12 March 2020: while there was little on technology itself in Rishi Sunak’s first Budget speech, there was plenty in the accompanying report. Head of ICAEW Technology Faculty Richard Anning picks over the details.

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