I don’t imagine many business people will oppose the Alistair Darling’s final positions on Capital Gains Tax and the taxation of Non-Domiciles but why do we all have to sit through the torturous will they/won’t they process?
Business people need to plan, and they do their financial planning within the legal and fiscal framework set by the Government. This constant toing and froing make effective planning almost impossible.
It also puts a big question mark over the competence of the Chancellor. With tough economic times predicted, the dithering, thinking aloud, policy on the hoof, announcing and then U turning of Alistair Darling doesn’t inspire confidence.
Newslinks for Wednesday 22nd May 2013
3 minutes ago