Budget 2010: Expert reactions

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We've all heard what the chancellor has to say, but what do the accounting and business communities think of this year's Budget Report? We're rounding up some of the day's opinions, so keep your eyes peeled for regular updates as the comments keep on coming.

Stephen Herring, senior tax partner, BDO LLP

"It is very disappointing that the chancellor has missed an opportunity to announce a phased reduction in the level of corporation tax from its current level of 28 per cent, which is increasingly uncompetitive compared to many of our key competitors for global business investment.

“Whilst the increase in the Annual Investment Allowance on capital expenditure for small businesses' will be a modest boost for a number of smaller businesses, this is no substitut...

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About Gina Dyer

About Gina Dyer

I've been a journalist for four years, writing on a wide variety of topics from business and finance to travel, culture and celebrities. I began my career as an editorial assistant for Palladian Publications, a B2B publisher specialising in technical magazines for professionals in primary industries. I later moved into consumer magazines as a staff writer for French Magazine, a monthly travel publication aimed at Francophiles, and was part of the launch team for The Traveller in France, a quarterly magazine produced for the French tourist board. I was also a regular contributor to online travel portal Homesworldwide.co.uk, and later worked with customer publishers Future Plus as a freelance production editor, before joining Sift Media in January 2009. I am currently Deputy Editor of AccountingWEB.co.uk.

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