SO WHERE DOES the Budget leave us?
Take chancellor George Osborne’s own words: “From rescue to reform, from reform to recovery” as a guide and there’s little doubt he believes we’re locked into the reform stage for the UK economy.
The Budget did go some way to change the debate. The speech (sometimes a poor judge of a Budget’s content) fixed on growth as its central theme and hammered at it for all 57 minutes. Osborne’s intent was to leave voters and the markets in no doubt that he isn’t just a one trick pony banging on about cuts, but has indeed switched tack to get into the growth groove. Indeed, together with business secretary Vince Cable, the chancellor produced an entire report about growth that went out with the Budget papers.
To read the full article click here.
Does Darwin's theory apply to taxation? Colin ponders...
The UK tax gap fell in 2014-15 to its lowest-ever level of 6.5%, revealed official statistics published today
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states