Breaking opinion and analysis on the Pre-Budget Report. Mark Lee of the Tax Advice Network thinks another Treasury policy is about to backfire.
The current Chancellor, like his predecessor, sometimes looks like a fabulous Magician. And as a fully paid up member of The Magic Circle myself, I’m qualified to judge that. His misdirection is superb. “Look here” he says, “focus your attention on this issue.” He doesn’t draw any attention to the things he doesn’t want us to think about.
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