David Frost has issued a stinging criticism of the tax climate which small
businesses are forced to weather by the government.
The British Chamber of Commerce’s director general believed that the proposed
CGT changes would stunt the prosperity of smaller companies.
‘We have to make clear that the proposals to increase taxes will lead to a
loss of competitiveness, and that will lead to a loss of wealth creation,’ Frost
Frost believed that ministers took the success of small businesses for
granted, which had the unwanted knock-on effect of regular tax hikes.
Frost said: ‘They believe that, because the last 10 years have been really
good for businesses, they can just tax them more and more.’
Mark McMullen joins the private client services team from Smith & Williamson
Merger between Clear & Lane Chartered Accountants and Magma Chartered Accountants was finalised on 3 February
BDO has taken its new partner intake to 23 during the first half of its financial year, including the appointment of five partners in five weeks
The firm reports 7.6% global fee income growth for the year ending 31 December 2016