Amanda Pearson, Head of Tax Policy, comments on the Chancellor's Budget 2017 speech.
Amanda Pearson, Head of Tax Policy at KPMG, said:
“Business was looking for a Budget with few surprises – and, thankfully, that’s what they got.
“The Chancellor avoided introducing any further complexity into the tax system, and it is encouraging to see him use tax policy as a lever for growth and investment as we approach Brexit.
“There were measures to improve competitiveness and innovation and a commitment to continue with a competitive corporate tax environment – things business crave – but the sharp reduction in economic growth forecasts threatens to overshadow.”
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