I returned to my old Westminster haunts this week to take part in a seminar run by the All-Party Parliamentary Group on Responsible Tax. This was the group’s second session on tax and Brexit, with the theme “Making tax policy post-Brexit”. Dame Margaret Hodge, who chairs the APPG, led the proceedings and fellow-panellists were Nicky … More Making tax policy post-Brexit: an international perspective
When a Chancellor’s room for manoeuvre in the Budget is highly constrained, what emerges tends towards the predictable. Wednesday’s Autumn 2017 Budget is a case in point. Economic outlook The downgrade to economic growth forecasts by the Office of Budget Responsibility (OBR) was severe, and could have profound long-term consequences. But it was hardly surprising … More A predictable Budget for business taxes
As Philip Hammond prepares for his Budget on Wednesday, he faces a daunting set of constraints, both economic and political. The economic side On the economic side, the news since the March Budget has not been universally bad. Tax receipts are higher than forecast, while spending is lower, leading to a reduction in debt. However, it is … More What might we expect for business taxes in the Autumn Budget?