Full of painfully scripted jokes, odd minutiae about the tax system, the obligatory blaming of the 2008 financial crisis and “the mess we inherited” on the last Labour government, plus the threat that a rabbit is going to be pulled out of a hat, it is the day of the budget. Hooray!
And what better way to celebrate than by testing your budget trivia knowledge?
OK, there are probably better ways to spend your time, but why not do our quiz, get a decent score, and then share it with all your friends boasting about how much you know …
The Guardian’s Budget trivia quiz
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As well as all the chancellor's plans for the new tax year, the budget also includes forecasts for the economy by the OBR. What does OBR stand for?
Organisation for Budget Responsibility
Office for Budget Responsibility
Ombudsman for Budget Responses
Office for Budget Responses
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What is the earliest any changes to the rates of duty on alcohol and tobacco announced in a budget can come into effect?
6pm the same day
Midnight the following day
Midnight the first Sunday after the budget
When royal assent is given to the finance bill
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How much is the standard tax-free personal allowance in the current tax year from 6 April 2019 to 5 April 2020?
£8,700
£11,850
£12,500
£13,128
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By tradition, the chancellor can drink alcohol at the dispatch box. Geoffrey Howe favoured gin and tonic, Benjamin Disraeli chose brandy and water. What was Ken Clarke's choice during the 90s?
Spritzer
Whisky
Port
Sherry and beaten egg
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When was the traditional red box first used?
1860
1893
1917
1932
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Who was holding up this abomination in 2015?
Nick Clegg
Norman Lamb
David Laws
Danny Alexander
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In the 2019 to 2020 tax year, the maximum you can save in an ISA is..?
£3,000
£10,000
£15,000
£20,000
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William Gladstone made the longest continuous budget speech (to date) on 18 April 1853. How long did it last?
2 hours and 12 minutes
3 hours and 41 minutes
4 hours and 45 minutes
8 hours and 15 minutes
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Kemi Badenoch is one of six government ministers in the Treasury currently listed on the gov.uk website. What is her job title?
Exchequer secretary to the Treasury
Financial secretary to the Treasury
Economic secretary to the Treasury
Chief secretary to the Treasury
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What caused this horrifying image of Iain Duncan Smith during the 2015 budget?
George Osborne announced the further rollout of universal credit
George Osborne announced further benefit cuts
George Osborne announced that the DWP would get more enforcement officers
George Osborne announced the minimum wage would rise to £9 by 2020
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"The Collector" in Doctor Who story The Sunmakers was intended as a caricature of which Labour chancellor?
Alistair Darling
Denis Healey
Roy Jenkins
James Callaghan
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Who has given the most budget speeches as chancellor
Gordon Brown
Benjamin Disraeli
Denis Healey
William Gladstone
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OBLIGATORY TRICK QUESTION: Which book did John McDonnell use as a prop when responding to George Osborne in 2015
Mao's Little Red Book
Marx's Das Kapital
Orwell's 1984
Tony Blair's A Journey
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Who chairs the budget debate in parliament?
The chairman of ways and means
The principal deputy Speaker
Both of them
Solutions
1:B - Formed in May 2010 by the Conservative-Liberal Democrat coalition, it was established to provide economic forecasts and analysis of the public finances independent of the Treasury and the Bank of England, 2:A - According to the parliament website it is, anyway. After the chancellor finishes his speech, parliament quickly votes on a motion approving the provisional collection of these sorts of taxes, and your prices go up almost instantly, 3:C - Please note, your personal allowance may be bigger if you claim marriage allowance or blind person’s allowance. It’s smaller if your income is over £100,000. Oh the hardship. , 4:B - Clarke enjoyed a whisky. It was William Gladstone who preferred sherry and beaten egg. We are also quite curious how this "tradition" started, presumably at some point a chancellor just rocked up in the chamber straight from one of the parliamentary bars and everyone just went with it, 5:A - William Gladstone first started using the box in 1860. Callaghan used a new box in 1965 because of the state the old one was in. Gordon Brown had a third one made for 1997. George Osborne dragged the original out of retirement in 2010. Symbolism is important. It probably had a blue passport tucked into it and everything , 6:D - For some reason while in government, chief secretary to the Treasury Danny Alexander decided to present an alternative Liberal Democrat budget, and then dutifully vote for the coalition one that George Osborne announced in parliament anyway, as he was part of the same government. No, we don't know why either, 7:D - ISAs were first introduced by the Labour government in 1999. There are now four types of ISA (cash ISAs, stocks and shares ISAs, innovative finance ISAs, lifetime ISAs). You can put money into one of each kind of ISA each tax year., 8:C - Imagine it, though. 4 hours and 45 minutes, 9:A - Previously parliamentary under secretary of state at the Department for Education, Badenoch's responsibilities include energy and environment taxes and the review into the costs of decarbonisation, 10:D - It's possible IDS was thrilled it wasn't going up to £10, 11:B - It's the eyebrows, isn't it? In 1977 script-writer Robert Holmes was unhappy with his relationship with HMRC, and so wrote a story where people on Pluto destroy a repressive tax regime, including throwing a tax collector off a roof and the caricature of Healey being flushed down the toilet. Still, Doctor Who only got political once it got "woke" with a woman in the role, eh?, 12:D - Gladstone gave twelve budget speeches. It just felt at the time like Denis Healey was having to do more, 13:A - Yes, it actually happened during an autumn statement rather than the budget but we just wanted to use the picture and make the Tony Blair joke, OK?, 14:C - OK, it was another trick question. They are the same person. The chairman of ways and means is the principal deputy Speaker of the House of Commons, and they have traditionally chaired the budget since the 17th century, because the Speaker apparently has divided loyalties between the house and the crown when it comes to tax-raising matters.
Scores
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13 and above.
Excellent. Have you ever considered a job in the Treasury?
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9 and above.
Well done. A glittering pub quiz career awaits you
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0 and above.
Very poor. The OBR will not be pleased with your figures
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5 and above.
Decent effort
There are no prizes. It’s just for fun. If you do think one of the answers we’ve given is egregiously wrong, then email martin.belam@theguardian.com