Link: Budget special
He said that not only would the government achieve a balance, it would generate a surplus of £32bn.
‘It’s right and prudent to borrow at this point in the economic cycle,’ he said. ‘We will meet our golden rule this year and every year to 2006.’
Brown also said he would keep debt at less than his target of 40% of national income. Indeed it would not rise above 34%, he told MPs.
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
Government's estimate of a £400m admin saving from Making Tax Digital is way off - and is instead a huge cost burden, warns Lamont Pridmore chief executive Graham Lamont
HMRC is continuing to ramp up the number of raids on premises it carries out as part of criminal investigations, searching 761 properties in the last year