Policy paper

The new Budget timetable and the tax policy making process

A summary of the timetable and process the government will use for tax policy making and consultation following the move to a single annual fiscal event.



At Autumn Statement 2016 the Chancellor announced that in future he would hold a single fiscal event each year: a Budget to be held in the autumn. Autumn Budget 2017 is the first Budget in this new cycle.

This document sets out how the move to a single fiscal event cycle impacts on the tax policy making and consultation process.

It also reaffirms the government’s commitment to the principles set out in Tax policy making: a new approach, published in 2010, to create a more predictable, stable and simple tax system.

Published 6 December 2017