The 2011 Budget will take place on Wednesday March 23, 2011.

The Chancellor of the Exchequer George Osborne will make his second Budget speech to the House of Commons on March 23, the Treasury confirmed today.

Earlier this year the Government confirmed it was scrapping the Pre-Budget Report, which traditionally took place in November.

This means fleets and company car drivers must wait until March to find out the Government's plans for benefit-in-kind and corporation tax.

Full coverage of the Budget will be available here in March.