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Policy Reflections

Chris Sanger of Ernst & Young looks at the tax policy aspects of last month's Budget
Much has been written over the last month on the contents of the Budget and as usual many of the messages and intricacies of the Budget decisions have taken time to come to the fore some only really being identified with the publication of the Finance Bill. So with the benefit of a few weeks' reflection what can we tell about the policy priorities?
Big picture
In deciding his Budget policy this year the Chancellor faced a challenging set of circumstances including shrinking tax receipts growing social security costs and demands for certainty over...

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