Responding to the Budget, John O’Connell, chief executive of the
TaxPayers' Alliance, said:
“Some concrete wins for taxpayers can’t hide the massive spending
pledges eating up our fiscal headroom.
“Cuts to business rates, alcohol duties and a cancellation of
planned fuel duty hikes will all be welcome news for families and
entrepreneurs struggling under a historic high tax burden, which
overall will continue to grow.
“But as the chancellor reeled off one huge spending pledge after
another, many taxpayers will be left wondering why there was no
mention of saving money and eradicating waste elsewhere to pay
for it all.
“Targeted tax cuts with more responsible spending would have
delivered a much stronger boost to growth while giving
much-needed respite to taxpayers and businesses under the cosh.”
Responding to the changes in alcohol duties, John O’Connell,
chief executive of the TaxPayers' Alliance, said:
“After being battered by the pandemic, punters, publicans and
producers will be raising a glass to these reforms and rate cuts.
“Shaking up alcohol duties has been a long time coming and big
moves to simplify the system are a welcome signal of support for
the Great British pub and the hospitality industry more broadly.”
Responding to business rates reforms, John O’Connell, chief
executive of the TaxPayers' Alliance, said:
“These reforms are a big win as rates are one of the most
damaging taxes for small firms, especially those on our high
streets.
“Revaluations every three years instead of five, as the TPA
recommended to the Treasury, will ensure that rates better
reflect economic reality.
“It’s vital that the government continues to work on how it can
help the high street with lower taxes.”
