Difference between revisions of "Budget"

From ACT Wiki
Jump to: navigation, search
(CSV import)
 
m (Add link.)
 
(7 intermediate revisions by the same user not shown)
Line 1: Line 1:
1.  
+
1. ''Planning.''
 +
 
 
Any plan expressed in monetary terms.
 
Any plan expressed in monetary terms.
  
2.
 
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. '' UK. ''
+
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.
 
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 ==
 
== See also ==
 
* [[Finance Act]]
 
* [[Finance Act]]
 +
* [[Forecast]]
 
* [[Fiscal year]]
 
* [[Fiscal year]]
 +
* [[Office for Budget Responsibility]]
 +
* [[Risk budget]]
 +
* [[Variance analysis]]
 
* [[Zero based budgeting]]
 
* [[Zero based budgeting]]
 
  
 +
[[Category:Accounting,_tax_and_regulation]]
 +
[[Category:Compliance_and_audit]]

Latest revision as of 15:42, 25 March 2021

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