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The Budget 2017

Budget 2020

Eversheds Sutherland comments on the Chancellor's Budget and what it will mean in practice

The Chancellor of the Exchequer, Rishi Sunak, will present his Budget to Parliament on Wednesday 11 March 2020.

This will be the Chancellor’s first Budget, having just four weeks to prepare for the task, with the last Budget delivered by Philip Hammond in October 2018.

Issues we expect to arise include; essential voluntary structural adjustments that are within the government’s control; new trading agreements with the rest of the World (Brexit); a changing labour market via a new immigration system, and going carbon neutral by 2050.

Another major factor which we would expect to see addressed is how Sunak will will be managing the effects of Covid-19 – ensuring the NHS and businesses are prepared economically over the next few months. The recent Coronavirus outbreak has led to inevitable questions about the cost to the government as the outbreak continues to create contractual and other legal challenges which are in many ways unprecedented. Find out further information in our Coronavirus hub.

Check back to view further commentary on Budget 2020 as the details unfold.

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David Jervis, Head of Tax, International

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