Tony Bullock, Managing Partner at Dutton Moore Chartered Accountants and Business Advisers comments pre-next week’s Budget from the Chancellor of the Exchequer the Rt Hon Philip Hammond MP:
What I would like to see is some easing financially and absolutely no more tax hikes.
The Government is on shaky ground following the election on June 8th delivering a minority government. The Conservative Party need to gain some national favour and I would like to see those steps taken with some slight easing on the stringent economic squeezes in terms of the austerity measures and no further tax increases.
I appreciate that the country still has an enormous amount of national debt and we must not get an appetite for spending or tax giveaways to appease the Left side of the Commons. What we need to see now is some easing of financial holds and sensible, measured approaches.
We all have to understand that we cannot start spending as the Labour Party would advocate – that would simply see us spiralling back into a deep recession like we saw 8-years ago.
Let’s see what his red suitcase holds next week.
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Lee Davies, A.C.A, Financial Director, Walker Group
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Grain merchants and farmers, Burstwick, East Yorkshire:
Jeremy Saunt, Director at Johnson and Saunt
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Richard Spencer, Commercial Director, Spencer Signs Ltd, Hull
Dutton Moore Chartered Accountants and Business Advisers were delighted to sponsor the kit for the First VII netball team of Hymers College as they successfully competed in a regional school’s netball tournament. Supporting local teams, especially sporting teams, is important to all at Dutton Moore – and as such the accountancy practice were pleased to support...
The Chancellor of the Exchequer's budget is set against a very challenging economic backdrop with a looming general election. The £400 billion bill for Covid and £100 billion bill for employment and energy support packages plus other financial headwinds (including much higher interest rates etc flowing from the discredited strategies pursued by the previous Prime Minist...
A round-up of todays’ Autumn Budget from Chancellor Jeremy Hunt, from Managing Partner Tony Bullock... The Chancellor sought to present a more upbeat assessment of the economy even than comparatively recent statements allowed, perhaps with the forthcoming election in mind. Included were some rather unexpected taxation changes, however, most major tax thresholds ...