Published: 17th November 2023
The UK Autumn Budget takes place on 22 November – next Wednesday. Of course, this makes draft legislation that affects the whole UK, but Scotland and Wales do have some devolved rights with respect to tax – for example the equivalents of stamp duty land tax. This means that the devolved administrations also hold an annual Budget. The Scottish government will present its draft Budget for 2024/25 on 19 December. The Budget will be presented for approval in Holyrood at a later date – probably February next year. The Welsh government will also unveil its draft Budget on 19 December. Final approval will take place on 27 February.