LIAM FOX has called on Chancellor George Osborne to ease the tax burden on business in next month’s Budget.
The former defence secretary also also wants changes to the labour market to make it easier to hire and fire employees.
The Tory MP argued in the Financial Times for further public spending cuts to fund employment tax reductions.
It is Mr Fox’s first major political intervention since he resigned from the cabinet in October.
In the FT, Mr Fox said it was “too difficult to hire and too fire and too expensive to take on new empployees.”
The current business rates system is over-complex and reform is needed, but reforms should focus first of all on simplifying the appeals process, particularly for businesses which are subject to business rates exemption
The CIoT has called on the government to rethink its approach to ensuring online sellers pay the correct amount of VAT.
Jane Ellison to serve as 'tax minister' following ministerial responsibilities for public health. David Gauke become chief secretary to the Treasury
Head of editorial Kevin Reed discusses the accountants in the new cabinet; the FRC's report into audit market concentration; and the Top 40 International Networks Survey 2016