The 2013 United Kingdom budget was delivered by George Osborne, the Chancellor of the Exchequer, to the House of Commons on Wednesday 20 March 2013.
[2] The personal allowance each UK employee is entitled to earn before income tax is levied was increased for the third consecutive budget, to £10,000, from 2014.
An additional £15 billion of investment was announced for infrastructure such as roads, railways, power stations, and major construction projects by 2020.
Osborne stated that the Office for Budget Responsibility (OBR) predicted that the UK would not enter recession again in 2013.
[8] The budget announced the government's intention to use the procurement process to promote suppliers' tax compliance.