Presented | 19 March 1985 |
---|---|
Parliament | 49th |
Party | Conservative Party |
Chancellor | Nigel Lawson |
‹ 1984 1986› |
The 1985 United Kingdom budget was delivered by Nigel Lawson, the Chancellor of the Exchequer, to the House of Commons on 19 March 1985. The second budget to be presented by Lawson, it was held shortly after the end of the year-long 1984–85 miners' strike. The chancellor said the cost of the strike on public borrowing had impacted on his plans for tax reductions, although he did make some changes to income tax personal allowances and stamp duty. Changes to National Insurance were also announced, but threatened to place extra costs on employers.