View source for Budget

1. ''Planning.''

Any plan expressed in monetary terms.


2. ''Taxation.''

The level of taxation minus government spending. 

A budget surplus is where taxation exceeds government spending. 

A budget deficit is where government spending exceeds taxation.


3.'' Taxation - UK.''

A formal statement - normally made annually - by the UK Chancellor of the Exchequer setting out the government's taxation proposals for the next fiscal year.


4. ''Government taxation - all jurisdictions.''

Similar formal statements made by the finance ministers of other governments, or by the responsible officers of other organisations.


== See also ==
* [[Finance Act]]
* [[Forecast]]
* [[Fiscal year]]
* [[Risk budget]]
* [[Variance analysis]]
* [[Zero based budgeting]]

[[Category:Accounting,_tax_and_regulation]]
[[Category:Compliance_and_audit]]