2012 United Kingdom budget

 () 2012 United Kingdom budget

Budget 2012
Presented	Wednesday 21 March 2012
Parliament	55th
Party	Coalition government
Chancellor	George Osborne
Total revenue	£592 billion (38.5% of 2011 GDP)
Total expenditures	£682 billion (45% of 2011 GDP)
Deficit	£90 billion (6% of 2011 GDP)
Website	2012 Budget
‹ 2011 2013›

The 2012 United Kingdom budget was delivered by George Osborne, the Chancellor of the Exchequer, to the House of Commons on Wednesday 21 March 2012.^[1]

It was the third budget of the Conservative-Liberal Democrat coalition government that was formed in 2010, and also the third to be delivered by Osborne.

Its key points included a rise in the personal tax allowance, a cut in the top rate of income tax and in the rate of corporation tax, and a new level of stamp duty on high-value properties.