HM Treasury has now opened its submission portal for the Spring Budget 2023. Budget submissions are a valuable means of influencing government policy so organisations should make the most of this opportunity.
Ahead of the deadline on 1 February 2023, Brevia has outlined guidance for submitting representations to the Treasury for the Spring Budget 2023.
WHEN IS THE 2023 BUDGET?
The Chancellor, Rt Hon Jeremy Hunt MP, will deliver the UK Budget on 15 March 2023. The Chancellor’s statement will be accompanied by a new forecast from the Office for Budget Responsibility (OBR).
WHAT TO INCLUDE IN A BUDGET SUBMISSION?
The formal process enables organisations to comment on existing policy or make suggestions for new policy. HM Treasury states that policy suggestions contained in Budget submissions should explain the policy rationale, costs, benefits and deliverability of the proposals and be based on evidence.
Critically, to maximise the prospect of suggestions being taken forward, representations should be:
- Aligned to the Government’s objectives.
- Succinct.
- Bolstered by public affairs activities.
HOW TO SUBMIT A BUDGET REPRESENTATION?
HM Treasury encourages the use of its Budget submission portal which can be accessed here: http://www.smartsurvey.co.uk/s/XA3W1G/
However, Budget representations can also be made via email using public.enquiries@hmtreasury.gov.uk or by post to:
The Correspondence and Enquiry Unit
HM Treasury
1 Horse Guards Road
London
SW1A 2HQ
WHEN IS THE UK BUDGET SUBMISSION DEADLINE?
HM Treasury’s deadline for budget submissions is 5.00pm on 1 February 2023.
BREVIA CONSULTING PROVIDES STRAIGHTFORWARD POLITICAL ADVICE AND SUPPORT TO BUSINESSES AND ORGANISATIONS
Discover how Brevia can help you and your organisation by contacting the Brevia Team on 020 7091 1650 or contact@brevia.co.uk