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The Chancellor Rachel Reeves presented the Spring Statement in Parliament today (3 March), including the Office for Budget Responsibility (OBR)'s Fiscal forecast.
The Chancellor has committed to one fiscal event, the Autumn Budget, so no new tax changes were announced today.
Also, no impacts of current Middle East events were included within the OBR forecasts.
The BVRLA Policy and Public Affairs team continue to work hard on the tax changes that members want to see in the Autumn Budget. The team is also working hard on engagements with officials as part of the eVED consultation process.
Any questions, email [email protected].
The association is encouraging members to submit a response to the eVED consultation, using the overview of issues slide on this page. A template response will also be issued later this week.
The Chancellor’s speech in full.
