LIAM FOX has called on Chancellor George Osborne to ease the tax burden on business in next month’s Budget.
The former defence secretary also also wants changes to the labour market to make it easier to hire and fire employees.
The Tory MP argued in the Financial Times for further public spending cuts to fund employment tax reductions.
It is Mr Fox’s first major political intervention since he resigned from the cabinet in October.
In the FT, Mr Fox said it was “too difficult to hire and too fire and too expensive to take on new empployees.”
Research also finds that 84% of businesses believe that the government has not provided enough information about digital tax plans
A total of £16bn was lost through tax fraud last year, according to estimates released by Pinsent Masons
Additional tax a result of compliance investigations by HMRC, but overall revenue falls
Firm expands East Anglian team with appointments to the audit practice and private client tax team