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Tax: Rabbit from the hat

25 August 2015

Tax: Rabbit from the hat

A few surprises among tax measures in the Chancellor’s post-election budget

In June the Chancellor gave us his post-election budget and announced a few surprises. I was, however, expecting a more radical package of measures, plus some serious shocks which had been kept hidden during the election campaign. What we got seems to be a thoughtful series of tax proposals, some targeting specific areas of perceived avoidance, others correcting areas of perceived unfairness and still more targeting tax mitigation tactics in use by businesses.

Wear and tear


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