Just a few days now until the UK budget on the 20th
March. Certainly a big day for the Chancellor given triple dip
fears, loss of that topflight credit rating, and falling tax
receipts putting the deficit reduction plan at risk.
The UK PM has put 'trade, tax, and transparency', at the
top of the agenda for the G8 so he will want to go Lough Erne with
some plans of his own and I expect some of these themes feature in
the budget.
In turn, this will likely drive three areas of focus:-
- Promotion of measures that encourage and incentivise inward
investment and overseas trade, including by SMEs
- Introduction of further initiatives that crack down on tax
evasion and abusive tax avoidance
