UK: Budget scheduled for 11 March 2020

UK: Budget scheduled for 11 March 2020

The Chancellor of the Exchequer is scheduled to present the UK budget on 11 March 2020.


Related content

This will be the first budget of the new government, and there are expectations that there could be measures reflecting certain promises made during the election (e.g., reform of entrepreneurs’ relief, increases to the research and development tax credit rate, and changes to the structures and buildings allowance).

The budget will be followed by the publication of the 2020 Finance Bill on 19 March 2020.

The KPMG member firm in the UK has a dedicated Budget 2020 webpage that will be updated on 11 March after the Chancellor finishes his speech. Commentary will be added, and then on 12 March 2020, KPMG will host a webinar to discuss the budget implications for international and domestic businesses, employers, and individuals. Register for the webinar here.

© 2022 KPMG LLP, a Delaware limited liability partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.

For more detail about the structure of the KPMG global organization please visit

The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us


Want to do business with KPMG?


loading image Request for proposal