Spring Budget 2023: Our predictions and plans

Read our insights in advance of and following the Chancellor’s Budget on 15 March 2023

Details of how to find our Budget insights

With a difficult economic environment as the backdrop, Chancellor Jeremy Hunt will present the Spring Budget on 15 March 2023. In the last few days the Chancellor has reiterated that he wants to cut taxes when the public finances allow. In particular, he wants business taxes to be more competitive, but the overriding message is that it is too early. So we expect a fiscally conservative Budget with no significant tax cuts, but it might be more activist than anticipated and could include some significant reveals. This article explains how you can find our commentary following the Budget speech and also provides our predictions on what might feature in it.

Budget predictions

Tim Sarson and Sharon Baynham in the KPMG UK Tax Policy team have shared their insights on what tax measures could be revealed by the Chancellor on 15 March in a recent blog post.

On the day

On 15 March 2023 we will be updating our dedicated Spring Budget 2023 webpage with our first reactions to the Chancellor’s announcements. Please visit this page in the afternoon to see what the Budget will mean for you and your business.

We will also be sharing our first impressions in a LinkedIn Live event at 4:30pm when Tim Sarson, UK Head of Tax Policy, will host a discussion on key announcements. Please register to attend via LinkedIn.

After the Budget

Our Spring Budget 2023 virtual event will take place at 12pm on Friday 17 March. Please register now to join our panel of experts for a deep dive into the measures and our insights into the impacts for businesses and individuals.

We will then publish our more detailed commentary on the key tax measures in the next edition of Tax Matters Digest which will be disseminated to subscribers first thing on Monday 20 March 2023.