Harriet Harman hit back at the tax increases and public spending cuts
announced in today’s Emergency Budget.
She said that announcements were “bad for growth and will make it harder to
cut the deficit.”
She aded the budget was “reckless” and would increase unemployment making it
harder to reduce the deficit in the long term.
Harman agreed that borrowing needed to come down, but that she was a unhappy
at who the chancellor had chosen to “bear the brunt”.
She claimed according to the Office of Budget Responsibility, the UK’s
independent fiscal watchdog, under a Labour government the deficit would have
halved in four years.
"The whole idea of HMRC officials supplying confidential information about individuals to the media on a non-attributable basis is, or should be, a matter of serious concern," say Supreme Court judges
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy
A senior MP has questioned the impact of HMRC’s decision to undertake yet another radical overhaul of its internal structure
The Apple Tax situation; Accountants replaced by robots; and The Accountancy Age Top 50+50; all discussed by head of editorial Kevin Reed