Chancellor says tax 94 times during Budget

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Andrew Davies, assistant financial controller at Lytham-based Inenco Group Limited, has been crowned the winner of TaxCalc’s 2016 Budget sweepstake after correctly guessing the number of times George Osborne said ‘tax’ in the Budget.

This year, TaxCalc’s sweepstake garnered a diverse range of guesses from AccountingWEB members, with one entrant believing the chancellor would say tax 1,467 times...

Over the course of his 63 min speech, the chancellor only mentioned tax on 94 occasions. This result is down compared to last year’s second Budget, when Osborne mentioned tax 127 times, but slightly more than 2014 and 2013. At 94 utterances, Osborne equalled his 2011 tax total.

Out of the 256 entrants, only one other entrant correctly guessed 94 mentions of the magic word. TaxCalc whittled these two down to one winner by plucking Davies’ name out of a hat. 

“I looked at how many times it was last year, but it was a total guess. I thought it would be a little less than last year with the EU referendum coming up. I guess he didn't want to upset anyone by mentioning tax too much,” Davies said, who is now a proud recipient of £250 in Amazon vouchers.

On the whole, Davies thought the Budget was good for business. “The big headline-grabbing thing for me was the rates deductions and CT going down in the future, so it seems quite optimistic.”

Budget 2016 coverage – sponsored by TaxCalcSign up for Rebecca Benneyworth’s detailed Budget 2016 analysis explaining how the key tax announcements will affect small businesses.

For a breakdown all the key stats emerging from the Budget, check out our Budget infographic:

Budget 2016 coverage –sponsored by TaxCalc

Sign up for Rebecca Benneyworth’s detailed Budget 2016 analysis explaining how the key tax announcements will affect small businesses.

Richard Hattersley
Community Assistant
AccountingWEB
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25th Mar 2016 13:55

How Many Times ....

.... did he say simplification?

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