With growing concern that business has been sidelined in recent Budgets – and the chancellor’s unprecedented early announcements last month of tax breaks for large and small businesses – this week’s Accountancy Age/Reed Accountancy Personnel Big question found 31% of finance directors want a separate business Budget.
CCME FD Paul Chapman said: ‘As the complexity of the announcements increase, the Budget should be updated to clarify its impact. A separate Budget for business would facilitate this for business, individuals and stakeholders.’
Godfrey Hall Group FD Chris Baldwin said: ‘This government should wake up to the needs of UK business.’
But some 52% of the 245 respondents want no changes. One FD said it would be a waste of time, as only accountants would make money to produce accounts twice. B L P Consultancy FD Hugh Blake-Thomas said: ‘(The) Budget has to balance income and expenditure needs between businesses and individuals. It makes no sense to do it separately.’
Harrison Beale & Owen will (HB&O) have a new chairman and managing director at the helm for 2017
Satvir Bungar promoted to managing director in the mergers and acquisitions team
Carolyn Brown appointed as the first head of client legal services practice RSM Legal
UK senior partner Phil Verity has been elected for a second term at Mazars