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A tax practitioner’s view of the economy – why we have reason to be worried

Dealing as I do with the nitty-gritty results of small business owners’ efforts, I am puzzled by some of the predictions for the economic recovery and in relation to the recent short term sales figures of certain more successful stores, notably John Lewis, Marks and Spencer, and House of Fraser.  My perception is that service businesses have had a very poor year, and it is perhaps poorer in 2009-10 than for the 2008-09 period to March last year. I believe there is a huge gap between the self-employed (and I include micro businesses operating through companies) and … Continue Reading