Steve Edge, of Slaughter & May, considers the Pre-Budget Report from the City's viewpoint
Steve Edge of Slaughter & May considers the Pre-Budget Report from the City's viewpoint
It came as no surprise that the PBR was highly charged with political messages and very short term in its outlook.
As many of us would do faced with the awful prospect of having to make up a huge financial deficit without upsetting people of whom you are about to ask another favour (vote for me at the next election) the government has put off the evil day until after the election. Not surprisingly therefore it was the more populist measures (together with the surprise NIC increase) that grabbed the headlines.
On the technical...
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Steve Edge, of Slaughter & May, considers the Pre-Budget Report from the City's viewpoint
Steve Edge of Slaughter & May considers the Pre-Budget Report from the City's viewpoint
It came as no surprise that the PBR was highly charged with political messages and very short term in its outlook.
As many of us would do faced with the awful prospect of having to make up a huge financial deficit without upsetting people of whom you are about to ask another favour (vote for me at the next election) the government has put off the evil day until after the election. Not surprisingly therefore it was the more populist measures (together with the surprise NIC increase) that grabbed the headlines.
On the technical...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
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