Financial Services and Markets Act 2000: Primary legislation that regulates financial services and markets in the UK. Essential for understanding the regulatory framework for financial proposals and budgeting.
Companies Act 2006: Fundamental legislation governing company operations in the UK, including financial reporting requirements and director responsibilities in financial matters.
Budget Responsibility and National Audit Act 2011: Establishes framework for budget responsibility and the role of national audit in public finances.
Local Government Finance Act 1992: Governs financial management and budgeting in local government contexts, including requirements for financial planning and reporting.
Public Contracts Regulations 2015: Regulates public procurement processes and associated budgeting requirements for public sector organizations.
UK GAAP: UK Generally Accepted Accounting Practice - Sets out the standard accounting practices that must be followed in budget preparation and financial reporting.
IFRS: International Financial Reporting Standards - International accounting standards that may need to be considered in budget preparation, especially for international organizations.
Value Added Tax Act 1994: Crucial legislation for understanding VAT implications in budget proposals and financial planning.
UK GDPR: UK General Data Protection Regulation - Must be considered when handling personal data in budget documentation and financial reporting.
Data Protection Act 2018: Complements UK GDPR and provides framework for data protection requirements in financial documentation and reporting.
Employment Rights Act 1996: Relevant for budgeting related to staffing costs and employee-related financial obligations.
Equality Act 2010: Must be considered in budget allocation to ensure compliance with equality requirements and fair distribution of resources.
