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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We are sporting lots of red in the office today…proud to be supporting Red Nose Day 2019, part of Comic Relief. We hope to raise as much money as we can for this vital charitable cause. To find out more: www.comicrelief.com/rednoseday ...
Celebrating International Women’s Day #BalanceforBetter today we mark the 110th anniversary of the first pioneering female to be admitted to an accountancy body in the UK. Ethel Ayres Purdie became ACCA’s first female member in 1909 and the first woman to be admitted as an associate to the London Association of Accountants, a founding organisation of the ACCA....