Grant Thornton: Don’t expect tax cuts in pre-Budget
Firm tells taxpayers to expect ‘more showboating than simplification’
Mid-tier firm Grant Thornton says chancellor
Brown’s Winter pre-Budget Report will not herald a range of tax cuts nor
will it be a ‘predominantly revenue-raising announcement’.
Luder, tax partner at Grant Thornton, said the emphasis in the speech would
be on the stability of the economy, ‘a theme the Conservative opposition is also
lauding as central to their policy’.
Luder said the chancellor would address VAT carousel fraud, environmental
taxes while he is also likely to expand on the progress of the
Review, which is expected to bring about £20bn of public sector savings by