Environmental Engineering & Management
- HM Treasury
- TSO (The Stationery Office)
'Budget 2011 (HC 836)' sets out the action the Government will take in three areas: maintaining a strong and stable economy; encouraging growth; and delivering fairness.
Chapter 1 outlines how the measures in the Budget advance the Government's long-term goals.
Chapter 2 provides a brief description of all Budget policy decisions. The decisions have a neutral impact on the public finances, implementing fiscal consolidation as planned. Growth is forecast to be 1.7% in 2011, but the outlook for the public finances is broadly unchanged.
Measures are outlined on:
tax measures affecting charities;
indirect taxes (tobacco, alcohol, fuel and gambling duties, other transport taxes, landfill, VAT);
tax administration; and
Actions to promote growth include:
(a) creating the most competitive tax system in G20, with reductions in corporation tax, simplification of the tax system, and consultation on integrating the operation of income tax and National Insurance;
(b) measures to facilitate and support the starting up of businesses - removal of regulatory burdens, implementing Lord Young's proposals on health and safety, expansion of investment schemes and other financial support, streamlining the planning system, investing in science capital development;
(c) encouraging investment and exports through establishing 21 new enterprise zones, extra funding for new rail projects and pothole repair; and
(d) creation of a more educated, flexible workforce, with additional work experience places and apprenticeships.
Fairness is addressed through various tax and pension changes.
Appendix A examines the impact on households.
A number of supporting documents are published alongside the Budget (see below for details).
|Format||Paperback||Published||23 Mar 2011|
|Availability||Colour copy: 3 - 5 days||Delivery||Delivery options and charges|