Budget 2012 - business reaction

Chancellor George Osborne opened his Budget by saying it would “unashamedly back business". But did he succeed?  Swindon Business News sought the views of a range of business leaders and professionals, including our own Mark Harden, who said:

“There was help for businesses, particularly the cut in Corporation Tax, but the tax system is very complicated for many small businesses and I was surprised that the consultation will only be for firms turning over less than £77,000 which is tiny. Businesses much larger than this find it complicated. While there was some help with research and development, there wasn’t a lot for manufacturers and exporters – the two parts of the economy that have been highlighted for growth. As with any recent Budget, the devil will be in the detail.”

Click here to read the full article.


Thrings Solicitors