Benefit cuts will hit accountants where it hurts

Benefit cuts won't affect me , bring them on ! I suspect many nicely earning accountants will be thinking this as they pore over the columns of comment in their Daily Torygraph. Well, perhaps you shouldn't be feeling quite so smug , especially if you have investment properties or employ staff who have their meagre pay packets topped up by Uncle George at the Treasury. 

I'll bet there's more than  a few of you accountants with employees who have negotiated a cosy deal to slip into the benefits system in a most efficient manner and save you a packet . Got a couple of spotty teenage juniors and a fifty-something family man on minimum wage ? Enjoy it while it lasts.

In this economic climate many a  landlord will blink before the tenant does so returns are going to head south , but many tenants will throw their hands up and declare themselves homeless so perhaps diversify your protfolio and invest in cardboard boxes.

Now there's an opportunity - advising clients how the benefits changes may affect them . Until of course the boys in Downing Street execute another U-turn