Chartered Accountants Lambert Chapman - Braintree, Chelmsford, Maldon, Essex, London: logo6

Stephen Jones' budget comments

The budget was fairly uninspiring with substantially no new tax measures. The main focus seemed to be on the governments spending plans and the corresponding level of borrowing that appears to be increasing.

Small businesses have not faired too badly this time round, however after the changes in previous budgets in respect of increasing corporation tax rates and the loss of the Ł10,000 nil rate band it could hardly get any worse.

It is obviously going to be an interesting year ahead for the economy and businesses alike.

If you wish to comment on what Stephen has said send him an email by clicking on his name.

Date:12 March 2008

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Lambert Chapman LLP is a limited liability partnership registered in England and Wales under registered number OC328593. The Registered Office is 3 Warners Mill, Silks Way Braintree, Essex CM7 3GB. Partner denotes member of the LLP.

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